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Debate House Prices


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Birmingham council says new build flats not good enough for council tennants.

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Comments

  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    edited 17 September 2009 at 9:47PM
    Lack of supply. Bad for housing see. Means homes are left empty.

    To be fair an over supply of small flats does not meant there is an excess of all properties does it?
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Really2 wrote: »
    To be fair an over supply of small flats does not meant there is an excess of all properties does it?

    Fair point.

    Ill rephrase.

    Lack of homes apart from the empty ones means lack of supply will force prices up.

    Lack of space to build homes that are needed due to lack of supply will force house prices up as empty homes are sitting on the current land.
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