you purchased a house in the 60s / 70s, you probably did so
for some where to live. It since has become an investment,
and has a tendency to double its value every ten years. When
they are in lower numbers one can see a reasonable
calculation, but when one finds houses at £200,000 in 2020,
in 2030 that becomes £400,000, by 2060, it would be £3.2
million We will have triple millionaires with no money.
who can sell can move around in the system but for those
wanting to purchase a market house in 2020, they will not be
able to repay their loans. Many will have to rent, rents
never end, by time these people get to retiring age they
wont have saved any money and their pension won't pay the
rents so the state will end up paying out millions on
housing benefit that is now £24 billion a year. We will be
running into the buffers if wages were to double every 10
years as houses have done since the 70s,they would have to
be by 2060, £320,000 PA therefore we need to review the
housing for the future generations
Housing & Retirement For example, buying a house for £120,000
and paying off @ £600 a month over 20 years, then for
another 20 years £600 a month into a pension plan, one
would have at age 65, £142,000 in the bank and a house paid
for. That could mean, in the event, one needed to go into
care, one could then sell the house, having the capital in
hand plus the £142,000 also the state pension. Any unspent
capital could be transferred to another family pension pot
without being taxed ,in order to swell other family members
Care plan. If the capital is drawn, the receiver for use
other than a pension plan, would have to pay capital gains
divide could lead to rioting…” the widening gap between rich
“Plan houses for residents, not developers………” shared
community living on land owned by the people.
“Cheap homes crisis…” only a third of essential low-cost homes
“One million in rural poverty….” rural incomes being driven
down, but second homes forcing up the price of homes.
"Nation of young mortgage slaves………” struggling first-time
buyers are like `bonded labourers` working long hours to meet
“Four million think they will never afford a house……” house
hunters face an ever tougher battle to afford a first home.
“Baby gloom generation….” services for pensioners face
unprecedented pressure as `baby boom` generation
“Experts` fears over care home funding…” The Health Secretary
is challenged over a confusing system, with high costs.
"Housing crisis alert” people are living longer & divorce rate
We already have:-
Owner occupiers (with or without a mortgage).
Shared ownership (one can buy up to 80% of the property, which
can be sold on open market, but is unlikely to be affordable for
Housing association homes (if you pay a rent, it never ends).
could have Community Land Trusts:-
developmental land would be passed over to a community trust and
a rental would be paid to land owners.
land would be valued the same as income from agricultural land,
and this would be about £500 an acre.
this were doubled to £1,000 an acre, it would not be
unreasonable. Or with possibility of paying 25 or 50 years lease
Trust would oversee development and developers would be
instructed to build houses for approx. £ 80,000.
properties could be sold at cost (plus ground rent) to the
people with a priority need in the district.
only restriction would be that one must sell back to the Trust.
people would like to have a small holding and have a few animals and
grow organic produce, but the cost of purchasing a property for
this is beyond most people’s affordability.
and Leisure are offering a unique opportunity to be part
of a community not-for-profit farm for just £6,000 investment.
enable this to happen we are seeking a property of 200 - 300 acres
in East Sussex.
you would like to be part of this, you can become a member of the
community farm for the above mentioned investment. This would allow
you and your immediate family to visit the farm and take part
in growing the fruit and vegetables, also looking after the
is a need to have a paid, on-site labour force, to work the land on
a day-to-day basis, but if you are at the site, you will be more
than welcome to help with any work that may need doing at that time.
a member, you can camp on site (either bring your own tent, caravan
or motor home or use one of our yurts) to enjoy the countryside,
being close to wildlife and natural habitats.
will be activities for groups to take part in, along with workshops
and debates on a number of issues.
are mainly May to September.
will become the customers for the produce, which can be collected
from the farm or delivered via a fruit and veg box scheme and any
surpluses will be sold in the locality. In the event of a financial
surplus members could benefit from a share of this, less any
reinvestment that is required at the appropriate time.
is a fantastic opportunity to get involved in a true community
project with the added benefits of knowing exactly where and how the
produce you then purchase has been grown or reared, alongside the
use of facilities on-site for members at special rates.
further information, please see:
send a C5 (162 x 229mm) stamped addressed envelope to:
and Leisure Cooperative
Fairfield, Herstmonceux, East Sussex BN27 4NE