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  • Let's be honest if you're under 35.

  • Housing in the UK is a joke.

  • No, even a joke.

  • A Dumpster.

  • Fire houses are insanely expensive to buy.

  • And for renters, I don't need to tell you hashtag when your rent was trending this week on Twitter and you know what?

  • This problem runs way deeper than you think.

  • The entire system is broken.

  • So let's talk about it on whether this election will actually make a difference.

  • Okay, there's a very simple problem with housing supply.

  • Turns out, though, it's incredibly complicated to fix a very basic level.

  • The UK doesn't have enough houses on with a growing demand for such short supply houses get really expensive.

  • The average house in the UK these days is over 200 grand.

  • That's a whopping 173% increase on the average price in the 19 nineties, and wages haven't kept up rising in the 19% houses.

  • Being so expensive drags rent prices up to an expensive rent, has another knock on effect of making it really hard to save up to buy a house so you can see the whole system is working against itself.

  • No wonder.

  • One in four young adults are thought to be living at home with their parents.

  • It's been happening so much they've been given a name.

  • Boomerang, millennials.

  • Nothing, Mom.

  • So the obvious question.

  • How can we not have enough houses?

  • Let's just build some more.

  • Well, that's the party solution in England, anyway, as pretty much everyone is promising to build hundreds of thousands of homes to build, build, build.

  • But that's so many for context.

  • If you include every home that's built each year, Social Army Private, we still hardly ever cracked.

  • 150,000.

  • Luckily, our party leaders are always on building sites, conveniently surrounded by cameras.

  • There's a trend with broken promises and housing.

  • Take the Conservatives.

  • In 2015 their manifesto promised 200,000 new homes for first time buyers.

  • Thes starter homes were aimed at people under 40 who could buy them a 20% discount out of 200,000.

  • How many did they manage?

  • I don't have the exact numbers for that's easy to remember it.

  • Zero you built none under that black.

  • Okay, that zero is disputed, but most it's 16 and the Labour led Welsh government has also been criticised 59 council houses and Wales last year.

  • And yet you expect us to believe by 100,000 held but held back by a Tory government while he would make that excuse and in fact, it was only 57 houses.

  • Getting on the property ladder has always been a massive priority for people in the UK.

  • So back in the eighties, Margaret Thatcher set up a scheme called right to buy where people living in council houses could buy them.

  • A huge discount will be able to buy it at a price that 1/3 below market value sounds good.

  • And for those who bought it was Great thing is we didn't build enough council houses to replace the ones that were being sold off.

  • So now we're running out.

  • That's the thing with housing.

  • You patch up one issue you create.

  • Another I told you, is complicated, and it doesn't help.

  • But one topic keeps distracting the party leaders even 10 feet above a building site.

  • There's another problem.

  • You've got to build houses in the right places.

  • Sounds obvious, but you need to build houses where people want to live.

  • Lots of young people have been moving to big cities in recent years on Basically, if there are more of them there, there's less supply of housing costs can go.

  • The other issue well, this is awkward.

  • It's about your mom and dad's house.

  • So housing relies on moves.

  • It's basically a giant chain.

  • But if moves slow down and people are blocking up some houses, then there aren't enough of the right size to go around.

  • And some people say that homeowners who tend to be older are putting off moving because of Brexit uncertainty and prices stalling so that can have a huge impact on the rest of the chain.

  • Okay, let's give you an actual example.

  • Birmingham is a city where the housing system is braking hard.

  • House prices are up 45% in the last 10 years.

  • This city has a very young population on, and there's a big housing shortage.

  • There are around 13,000 people on the council's waiting list.

  • Add to that the fact that the population here is expected to grow by quite a lot over the next 10 years, and you can see that homes are really, really precious resource for a lot of us buying just isn't realistic.

  • In England, private renting has doubled in the last 20 years.

  • Over 1/3 of 25 to 34 year olds rent privately on because there's a shortage, the quality of flat suffers.

  • So it's no surprise that housing is a huge vote, a priority on parties chasing it.

  • Empower tenants and control rents where the party that actually builds the homes that this country needs renter's rights are really big.

  • In the run up to this election, the Tories want to introduce a deposit that you can transfer between different properties.

  • But Labour want to introduce rent caps on prices?

  • The Lib Dems want to give out loans to under thirties, renting out their first place, But the greens want to set up something they call an affordable living ramps.

  • Housing law is different between Wales, Scotland and England because it's devolved.

  • Renters actually have more rights in Scotland than they do in England.

  • If you were to come and live, say somewhere like here in Glasgow, when you get a tendency out, there's no end date, so you can stay there for as long as you want, as long as you don't break the rules on your rent will only be increased once a year.

  • And you can challenge that if you're not happy.

  • And when renting goes really wrong, the consequences can be so severe.

  • In England, 1/4 of homelessness is caused by a tenancy ending.

  • You know, I don't know what I'm gonna be sleeping from that tonight, you know?

  • I mean, you know, I might find out I can stay somewhere for a few days, But then again, after that, it's doing it all over again.

  • Extremely hard, because doing that Taylor was a stressed one is it's hard to focus on doing your schoolwork and revision during the day when you're worried about where you're going to sleep.

  • It might housing charity Shelter estimates 320,000 people are homeless in Britain.

  • So whatever promises parties make to build houses, just remember, it's so much harder to turn that into an actual reality.

  • For some people who can't afford to buy and can't bear to rent, it's time to look at drastic alternatives.

  • Hi, I'm Claire, but I'm Aubrey.

  • We live in a shipping container.

  • Frankly, a shipping container sounds less dangerous than Boris Johnson's house.

  • Someone had dropped a cap.

  • It here, you know, very shot busy.

  • And yet, to be honest, whoever wins this election, the party's track records suggest not enough houses are going to get Bill.

  • I don't think I'll ever be able to get on the housing ladder based on my own income on my own salary, a month on month you you're pretty much chewing up all of your wages just to keep a roof of yet.

  • So there's every chance that what they're promising just won't happen.

  • And as we've seen, housing policy always gets really complicated.

  • So be wary this election of flashy, overly simple housing promises until next time I see you.

Let's be honest if you're under 35.

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