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Debate House Prices


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Housing Shortfall approaching 1 million

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Comments

  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    tesuhoha wrote: »
    So why not cover it with tinpot newbuilds, if people need places to live. Why should the countryside be enjoyed by the select few? Why should everyone be crammed togeher in London so that a few country dwellers can enjoy the open spaces?

    People who live in London (or any other major city and many towns) do so, preusumably, because their job or industry is based there, they enjoy the living there or their family / friends live there.

    Building a load of 'tinpot newbuilds' in rural Lincolnshire, for example, won't mean that people from towns or cities will want or be able to move there, even if they are very cheap. Hence the supply and demand peaks and troughs that we see all over the country.

    People aren't 'crammed in to London' so a few 'country dwellers can enjoy open spaces'. Lots of people live in London because they choose to do so for one reason or another.
  • I have to admit, I'm not too sure what you are saying here.

    I was just commenting on the demand for homes. People keep relating that to an ever increasing population. I just think there is more to it than that, and a lot of this demad is caused by how we have decided to live.

    The increasing demand caused by structural change has been met my increasing supply designed to meet that change imo. If demand were outstripping supply rents would increase imo (I'm sure there are examples out there where this has happened, which should prove the point)
    Prefer girls to money
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    tesuhoha wrote: »
    There's plenty of land thats not greenbelt or agricultural. There are a lot of people who have bought plots of greenbelt land in the hope that they will be given planning permission to build but the government just want to keep the price of property high.

    You previously wrote this :confused:
    If planning permission was granted on green belt land there would be enough housing for everyone

    Have you bought some green belt hoping to make a killing?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Look, most people I know (except for people with rich parents or very high paying jobs) lived or still live in flatshares if in their twenties. A bit like This Life but without as much shagging. Okay when you are 25, not so good if you are 35.

    The real hidden problem is overcrowding of families. I understand this is a major problem in inner city areas such as Tower Hamlets.
    Politics is not the art of the possible. It consists of choosing between the disastrous and the unpalatable. J. K. Galbraith
  • michaels
    michaels Posts: 29,231 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    tesuhoha wrote: »
    The problem in this country is shortage of land. That drives the price of property up. Green belt land is enjoyed by the select few. If planning permission was granted on green belt land there would be enough housing for everyone and there would be no need for high property prices.

    Have to say I think I agree with this - the English countryside is not 'virgin and unaltered by man' I am sure if was probably forest then scrub then pastoral land then agricultural and probably now set-aside for EU purposes. The Green belt could be converted into low density housing set in trees with artificial lakes etc and if the transport issues were 'designed in' - cycle paths, compulsory electric vehicles, suitable train/tube stations then there could be a large increase in housing, enough to change prices and increase affordability but there would be a lot of losers amongst those who currently have houses and a lot of noise from those who don't like to see a change to the status quo (even if the countryside they are trying to preserve has only looked the way it does for a couple of centuries and new development cold be just as green in terms of open spaces and trees)

    What has driven property up is poor lending practises and IR's that were kept to low for too long as mortgages were excluded from the inflation index. Less than 20% of the UK is built on.

    Yes this has driven up property prices but it is not what impacts affordability which is about the price adjusting (upwards generally) so that the number of people who want a house AND can afford one is equal to the supply of houses - as discussed the demand for house is not a fixed 1 house per 1.5 people or whatever but depends on price, as prices increase people house share, lodge, stay with parents etc
    tesuhoha wrote: »
    If the price of property was driven down people would not have to live in cities to be able to afford a house.

    Makes sense to me, I think, needs some more thought...
    I think....
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Look, most people I know (except for people with rich parents or very high paying jobs) lived or still live in flatshares if in their twenties. A bit like This Life but without as much shagging.

    So a bit more like The Young Ones then?
  • michaels
    michaels Posts: 29,231 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Or Game On (for the 6 people who watched it)
    Cleaver wrote: »
    So a bit more like The Young Ones then?
    I think....
  • tesuhoha
    tesuhoha Posts: 17,971 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Mortgage-free Glee!
    StevieJ wrote: »
    You previously wrote this :confused:
    If planning permission was granted on green belt land there would be enough housing for everyone

    Have you bought some green belt hoping to make a killing?


    No I havent. It just shows that I haven't changed my opinion.
    The forest would be very silent if no birds sang except for the birds that sang the best






  • tesuhoha
    tesuhoha Posts: 17,971 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Mortgage-free Glee!
    Don't quite get this. Last time I looked houses in London were more expensive than in Driffield


    This was actually a typo, meant to say work instead of live
    The forest would be very silent if no birds sang except for the birds that sang the best






  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    edited 29 September 2009 at 6:04PM
    kennyboy66 wrote: »
    Wouldn't say that this isn't an issue but single parent households are only 7.5% of the total - and while they are forecast to increase, it is the one-person households that see the explosive growth. One person households forcast to be 5 times as many as single parent ones.
    I don't know the relevance or pressure or lack thereof caused my single parent families as opposed to one person households...but..7.5%...how many is that? I forget how many million we think we number now, but that must be a sizable chunk of a housing issue where 1 million homes is the number we are short. An issue that many of the very small new builds do not really repsond to.

    (nb: I am not submitting this as an anti single parent post)
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