The First Time Buyers Conundrum
So we are all agreed that to have a thriving housing market we need to be able to provide a constant flow of lower cost properties for first time buyers, allowing them to get onto the housing ladder.
The problem is, and to a certain extent always has been that those properties have a habit of gaining value. They keep doing that to the point that they become unaffordable for first time buyers, closing down the flow within the market of buyers moving up the ladder to more expensive homes.
One of the issues is that these starter homes need to increase in value in order for the owner to be able to afford to move, but by doing so they also become less affordable by the next generation of would be home owners.
This means that we either need a constant new supply of under valued or subsidised first time buyers homes or we need to to control the rise in their value or we need to create a different financing system for first time buyers, with maybe 50 year terms being the norm to spread the cost of buying the home & creating affordable repayments.
The housing market has continued to gain value unlike the average wage in the UK which has stagnated since the financial crash of 2008.
Take a look at the fun local Hitchin window shutter & blind fitter at Impact interiors has been having when no one is looking.
This difference has created a growing gap in affordability that can only be closed by intervention in one way or another.
As long as we build too few houses for a growing population we will artificially be supporting unrealistic house valuations that are increasingly unsustainable in the long term.
The Apprenticeship Solution
Given the choice between 3 years at university, £40,000+ of debt and a qualification that is increasingly being valued less and less by employers, or working 4 days a week in a real business, training at college 1 day per week on an apprenticeship, earning a qualification that will help your career progression while not accumulating any debt…. which one makes the most economic sense for most students?
Modern apprenticeship courses aren’t just for brickies, plumbers or carpenters, there are a wide range of traineeship and Continue reading Apprenticeship Training
Secrets Of Number One Google Search Engine Results
Google demands outstanding, natural written content to include in it’s listings and punishes substandard quality sites. If you know what you are doing you can still influence your Google search rankings using high-quality metrics.
Penalties are quickly levied on all websites found to be using ‘spam’ search engine optimisation methods. If you are geared up to adapt to Googles criteria, you can still have an effect on Continue reading Secret Google Ranking Tips
Construction Plant, Hire Or Buy?
Material movement and construction equipment can represent a considerable investment to a business, but can be seen as a long term investment of capital.
Static plant will have a more or less continuous role to play, but that involved in say, road and building construction are exposed to market fluctuations of growth and decline, and currently, hiring would probably seem the Continue reading Construction Plant, Hire Or Buy?
Speed And Road Safety
Cars today are being manufactured to ever higher specifications, in pretty much all areas of their construction.
Modern cars have safety features far beyond the trusty seat belt, but they are also becoming more powerful and thus, the potential for faster driving is growing.
A simple family saloon is a far different vehicle to the simple family saloon of say, Continue reading Speed Offences & Road Safety