Castle Point named as worst place in the country to get on housing ladder

Castle Point youngsters unable to get on housing ladder

Castle Point youngsters unable to get on housing ladder

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CASTLE Point has been named the worst place for people to get on the first rung of the housing ladder. 

Homeless charity Shelter said almost 45 per cent of 20 to 34-year-olds in the borough were unable to get on the property ladder.

The charity's research shows it is the worst place in the UK.

Basildon was ranked 93rd with 30 per cent at home, with Southend coming 213 with 26 per cent.

Are you aged 20 to 34 and still living at home? Get in touch caroline.tilley@nqe.com

Comments (6)

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2:33pm Tue 29 Jul 14

alarminstaller says...

There is a simple reason

1. Affordable Properties are in short supply
2. Properties are highly priced and sell quick.
3. There is very few starter priced properties, land is expensive so builders earn more by selling detached properties.
4. Young first time buyers prefer to live in the Southend area where cheaper properties are more in number, plus it is livelier.
5. Castle Point area offers the young very little.
There is a simple reason 1. Affordable Properties are in short supply 2. Properties are highly priced and sell quick. 3. There is very few starter priced properties, land is expensive so builders earn more by selling detached properties. 4. Young first time buyers prefer to live in the Southend area where cheaper properties are more in number, plus it is livelier. 5. Castle Point area offers the young very little. alarminstaller
  • Score: 2

2:53pm Tue 29 Jul 14

Russ13 says...

How do we know the 20-34 year olds in Castle Point are actively seeking to get their own place to live?

Like most stats, these can be interpreted in many ways. Whilst I agree that it's a near impossible task to get on the property ladder due to a number of factors (average wage compared to average property value being the main one in my opinion), not all 20-34 year olds will be actively looking to move out of the family home.

You could look at it a completely different way.......... 20-34 year olds are so happy with life living with their family that they aren't seeking to buy their own homes.
How do we know the 20-34 year olds in Castle Point are actively seeking to get their own place to live? Like most stats, these can be interpreted in many ways. Whilst I agree that it's a near impossible task to get on the property ladder due to a number of factors (average wage compared to average property value being the main one in my opinion), not all 20-34 year olds will be actively looking to move out of the family home. You could look at it a completely different way.......... 20-34 year olds are so happy with life living with their family that they aren't seeking to buy their own homes. Russ13
  • Score: 2

6:27pm Tue 29 Jul 14

the25man says...

This is a surprising stat as Canvey is under Castle Point and properties there are cheaper.
There again I wouldn't want to live on Canvey
This is a surprising stat as Canvey is under Castle Point and properties there are cheaper. There again I wouldn't want to live on Canvey the25man
  • Score: 3

10:31pm Tue 29 Jul 14

runwellian says...

alarminstaller wrote:
There is a simple reason

1. Affordable Properties are in short supply
2. Properties are highly priced and sell quick.
3. There is very few starter priced properties, land is expensive so builders earn more by selling detached properties.
4. Young first time buyers prefer to live in the Southend area where cheaper properties are more in number, plus it is livelier.
5. Castle Point area offers the young very little.
You missed some reasons, nobody would want to live on this crowded island, with only two exit roads, and the constant threat of floods.

If there was a major emergency on the island, they would block the roads to keep you there ... it is hard enough when there is one accident on on of the roads, not really an ideal place to live!
[quote][p][bold]alarminstaller[/bold] wrote: There is a simple reason 1. Affordable Properties are in short supply 2. Properties are highly priced and sell quick. 3. There is very few starter priced properties, land is expensive so builders earn more by selling detached properties. 4. Young first time buyers prefer to live in the Southend area where cheaper properties are more in number, plus it is livelier. 5. Castle Point area offers the young very little.[/p][/quote]You missed some reasons, nobody would want to live on this crowded island, with only two exit roads, and the constant threat of floods. If there was a major emergency on the island, they would block the roads to keep you there ... it is hard enough when there is one accident on on of the roads, not really an ideal place to live! runwellian
  • Score: 2

10:36pm Tue 29 Jul 14

alarminstaller says...

runwellian wrote:
alarminstaller wrote:
There is a simple reason

1. Affordable Properties are in short supply
2. Properties are highly priced and sell quick.
3. There is very few starter priced properties, land is expensive so builders earn more by selling detached properties.
4. Young first time buyers prefer to live in the Southend area where cheaper properties are more in number, plus it is livelier.
5. Castle Point area offers the young very little.
You missed some reasons, nobody would want to live on this crowded island, with only two exit roads, and the constant threat of floods.

If there was a major emergency on the island, they would block the roads to keep you there ... it is hard enough when there is one accident on on of the roads, not really an ideal place to live!
Very true good point.
[quote][p][bold]runwellian[/bold] wrote: [quote][p][bold]alarminstaller[/bold] wrote: There is a simple reason 1. Affordable Properties are in short supply 2. Properties are highly priced and sell quick. 3. There is very few starter priced properties, land is expensive so builders earn more by selling detached properties. 4. Young first time buyers prefer to live in the Southend area where cheaper properties are more in number, plus it is livelier. 5. Castle Point area offers the young very little.[/p][/quote]You missed some reasons, nobody would want to live on this crowded island, with only two exit roads, and the constant threat of floods. If there was a major emergency on the island, they would block the roads to keep you there ... it is hard enough when there is one accident on on of the roads, not really an ideal place to live![/p][/quote]Very true good point. alarminstaller
  • Score: 1

10:34am Wed 30 Jul 14

barneydrop says...

Surely the main point is: Nobody sane person would want to live there if they can avoid it.
Surely the main point is: Nobody sane person would want to live there if they can avoid it. barneydrop
  • Score: 0

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