Is it too hard to get on the property ladder in Birmingham?

Local TV

With house prices rising, we asked people in Solihull  whether it’s too hard to get on the property ladder—and what they think the government should do to make buying a home easier, especially for young people.

Transcript

00:01Well, there has been things to help first-strong buyers in the past like help to buy schemes

00:07and things like that, but they want to promote them more and obviously bring out new ideas

00:14to help them get on the property ladder.

00:16It is hard and for the young people the incentives they give should be a non-repayable, that

00:22kind of thing.

00:23Because I know they give you something and you've got to pay it back, but yeah, it should

00:27be an incentive to get on.

00:28But everybody I suppose, not just young people, because to give a handout to them, there's

00:32people in the 30s, 40s that still can't get on the ladder, maybe give a handout to everybody,

00:37make it easier for everybody, because the banks are making the money.

00:40So I think it's a lot about avoiding private businesses owning companies, houses, things

00:45like that, in order to just trade them as a tradable asset, which is not ever should be

00:51the instance it should be for living people, so yeah, I think that's the answer.

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