Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: http://www.socialistparty.org.uk/issue/521/3811

From The Socialist newspaper, 20 February 2008

Record fall in home ownership

THE NUMBER of homeowners in England fell by a record 83,000 in 2007, according to a survey by leading mortgage lenders Halifax. After a long period of growth in this sector, there are now only 85,000 more households occupied by their owners than there were five years ago.

The decline was particularly notable in younger age groups and in more expensive areas. Home ownership in London fell by 111,000 (6.3%), while numbers in the north rose by 345,000 (5.1 per cent) between 2001 and 2006.

High house prices are the main reason for this, putting ever bigger obstacles in the way of getting on the 'property ladder'. In the 25-34 age band, 322,000 fewer households own and occupy their own premises than in 2001. The number of houses bought with a mortgage by the young went down 2% last year.

Meanwhile the private rental sector, cheaper than buying but often offering sub-standard, overcrowded and expensive accommodation, has boomed, particularly those owned by buy-to-let landlords.

Scandalously the government has a target of, each year, selling off 200,000 council houses, the traditional way of aiding the housing of the less affluent. This is leaving more people to the profiteering of private landlords.

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 20 February 2008:

No wage cuts! Fund equal pay


Demonstration

Troops out of Iraq now!


Socialist Party news

Stop the witch-hunt: Defend the Sheridan 7

Prison officers fight Labour's strike ban

Battle for Shropshire schools goes on

Coventry protests at Widdecombe's attacks

Football: Top of the League for greed


Socialist Party Marxist analysis

Northern Rock - Labour's reluctant nationalisation

1918-2008: Clause 4 and nine decades of workers' struggles

Record fall in home ownership


Socialist Party NHS campaign

London's health care under further attack

Private clinics fail

Hospitals "stacking" patients

Fighting back and building a demo

"Not making sufficient profit"


Socialist Students

Universities in crisis: Fees favour the rich

Exeter students fight privatisation

Nottingham defends democracy


International socialist news and analysis

Kosovan independence - a dangerous mirage?

Greece: Second general strike in two months

CWI school in Latin America


Socialist Party review

Science, Marxism and the big bang


Socialist Party workplace news

It's official - Unison launches witch-hunt on Socialist Party

Socialist gains in Unison branch elections

Collection cuts and bullying equals bin strike!

Victory for council street wardens


Workplace news in brief

Rail pension dispute

Union merger: OILC and RMT

Marching against single status

Solidarity with Pakistan workers


 

Home   |   The Socialist 20 February 2008   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

Households:

triangleHousing crisis: Corbyn's positive measures blanked by Labour's right

triangleGrenfell fire compounded by overcrowding: build more council homes now

triangleThem & Us

triangleFight Tories' callous cuts pushing 200,000 more kids into poverty

Accommodation:

triangleNo more fire deaths - ensure safety now!

triangleHomelessness and evictions soar under the Tories

triangleHomelessness - Corbyn offers housing revolution

triangleCouncil union responds to Grenfell

Housing:

triangleNasty party imploding...drive out the Tories

triangleEast London summit fails to address housing crisis

triangleProtest to pressure Labour to scrap Haringey redevelopment plans

Reports and campaigns

Reports and campaigns

19/10/17

North West

Arriva North West bus drivers strike over pay

18/10/17

Democratic rights

Conference on state spies: who's watching who?

18/10/17

Leeds

Striking back against sackers' charter at Leeds Uni

18/10/17

Royal Mail

Royal Mail bosses block strike - back postal workers

18/10/17

PCS

Balloting members on the pay cap

18/10/17

Art

'Dazzling' Bad Art show points to socialist future

18/10/17

Council

Sheffield Labour council threatens peaceful protesters with prison

18/10/17

South West Wales

Hundreds turn out for rally aimed at removing west Wales Tory MP

18/10/17

NHS

Uprising to save the NHS!

18/10/17

Socialism

Can you donate to the Socialism 2017 appeal?

18/10/17

East London

No cuts - hands off King George A&E!

18/10/17

North London

North London hospital workers fight cuts and job losses

18/10/17

BAE

Nationalise to save jobs at BAE Systems

18/10/17

Schools

Schools "can't go any further" - stop the cuts: set deficit budgets now

18/10/17

Swansea

Socialist Students 'welcome' Hillary Clinton to Swansea

triangleMore Reports and campaigns articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party

triangle19 Oct Arriva North West bus drivers strike over pay

triangle18 Oct Russia, October 1917: When workers took power

triangle18 Oct Tories torn - bin them now

triangle18 Oct Royal Mail bosses block strike - back postal workers

triangle18 Oct Balloting members on the pay cap

triangle13 Oct The end of the Tories?

triangle11 Oct Nasty party imploding...drive out the Tories

More ...

triangle23 Oct Chesterfield Socialist Party: The continuing struggle for abortion rights

triangle24 Oct Liverpool Socialist Party: The October Russian Revolution 100 years ago to the day

triangle25 Oct Salford Socialist Party: The October 1917 Russian revolution

triangle25 Oct Swansea Socialist Party: Mother Jones - A US labour pioneer

More ...

Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

Archive

Archives:

October 2017

September 2017

August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Legal

SP RSS feed RSS

Platform setting: = No platform choice

V2