RICS: Rents Will Rise Next Year

Spartacus_Mills

HAMISH_MCTAVISH wrote: »

http://blog.!!!!!!!!!!!!!!!!!!!!/2009/11/housing-shortage-could-top-27m-by-2031.html

What is that site. I got this message.

Warning Adult Content !!!!

• You are aged 18 or over.
• By accessing these search results you wish to view material that may be considered offensive and/or indecent.
• The adult content you wish to view is for your own personal use and you will not expose minors to the material.
• Viewing adult material does not violate any laws of the state or country where you live or from where you are accessing these search results.
• Your Internet Service Provider cannot be held responsible for any liability arising from the use, or misuse, of these search results

bernard_shaw

HAMISH_MCTAVISH wrote: »

As the Nationwide article states, there does not need to be a moratorium on building. Merely a large shortage of houses being built versus households being created.

Subtract 100,000 new houses from the 250,000 new households, and you have the annual housing shortage.

I wonder if the banking crisis of late 2008 has had anything to do with the low number of housing starts in 2009?

HAMISH_MCTAVISH wrote: »

Try google. The obvious ones are the Barker report, and the MIles report. There are other more recent ones as well. Including one this year, posted on this site, which identified the existing shortage as a million units.

With regards to impending shortages, here's a couple more as well....

http://www.jrf.org.uk/media-centre/shortage-homes-over-next-20-years-threatens-deepening-housing-crisis

http://blog.!!!!!!!!!!!!!!!!!!!!/2009/11/housing-shortage-could-top-27m-by-2031.html

Um, the Barker and Miles reports are nearly 6 years old. I wonder what's changed since then?

The Rowntree report is nearly 8 years old and the other link's dead.

I wonder whether these reports had anything to do with provoking the boom/bubble in housing over the last few years?

I did google "UK housing shortage" and, while it returned a few old articles which referenced the reports you mention above, mostly I got lots of articles referencing a shortage of houses for sale at the moment.

Do you have any current reason for believing in a housing shortage?

HAMISH_MCTAVISH

bernard_shaw wrote: »

I did google "UK housing shortage" and, while it returned a few old articles which referenced the reports you mention above, mostly I got lots of articles referencing a shortage of houses for sale at the moment.

Do you have any current reason for believing in a housing shortage?

Try this one..... From Sept 2009.

The UK could be faced with a one million housing shortfall by the end of 2010, according to new research.

The figures were revealed in a Discussion Paper "Mind the Gap – Housing Supply in a Cold Climate" by David Pretty CBE and Paul Hackett for the Smith Institute and PricewaterhouseCoopers LLP and published by the Town and Country Planning Association (TCPA), launched at the Labour Party conference.

Pretty said: "Our analysis shows that in England we could be approaching a one million housing shortfall by the end of 2010. With production at its lowest level in 80 years, the gap between housing supply and demand will, this year alone, be around 150,000 homes, equivalent to the size of Nottingham.

"If we ignore this problem and reduce public intervention and investment in new supply of both private and affordable housing, there could be serious social and economic consequences, not least record housing waiting lists and more pain for beleaguered first time-buyers. Further action, such as more land release, support for new entrants in the market and expansion of the private rented sector, is needed to avoid a return to a cycle of housing boom and bust."

TCPA Chief Executive Gideon Amos OBE said: "This report highlights that we must continue to plan to provide the homes our society needs – but we must do so in a sustainable way. In short we need quantity and quality. If we don’t the housing supply crisis, already urgent, will get worse.

"The alternative of allowing housing provision to sink to a new all time low could be storing up even more difficult problems ahead. Planning can play a key part, but we need a package of solutions as set out in this report to get us back to a more balanced housing market. We will be drawing the findings of this report and our agenda for development in the downturn to the attention of all major political parties."

http://propertytalklive.co.uk/land-and-developments/2212-uk-housing-shortfall-now-approaching-1-million

And the supply problems confirmed with planning applications down significantly from desired levels.

http://business.timesonline.co.uk/tol/business/industry_sectors/construction_and_property/article6916523.ece

HAMISH_MCTAVISH

HAMISH_MCTAVISH wrote: »

Try this one..... From Sept 2009.

http://propertytalklive.co.uk/land-and-developments/2212-uk-housing-shortfall-now-approaching-1-million

And the supply problems confirmed with planning applications down significantly from desired levels.

http://business.timesonline.co.uk/tol/business/industry_sectors/construction_and_property/article6916523.ece

And this is why it's never worth putting in the time to provide links and source material for the frothers.

When they don't like the answer, they just leave the debate.:rolleyes:

Graham_Devon

HAMISH_MCTAVISH wrote: »

And this is why it's never worth putting in the time to provide links and source material for the frothers.

When they don't like the answer, they just leave the debate.:rolleyes:

Do you consider yourself to not be a frother hamish?

bernard_shaw

HAMISH_MCTAVISH wrote: »

Try this one..... From Sept 2009.

http://propertytalklive.co.uk/land-and-developments/2212-uk-housing-shortfall-now-approaching-1-million

And the supply problems confirmed with planning applications down significantly from desired levels.

http://business.timesonline.co.uk/tol/business/industry_sectors/construction_and_property/article6916523.ece

Right - propertytalklive, the website for property investors (!), references a report (Mind The Gap... - Smith Institue) which uses the 2004 Baker Report as its text and reference, only updating its implications in the light of the downturn in planning applications provoked by the financial crisis of 2008, as referenced in the Times article.

Nothing new here, in fact, just so much matryoshka. No evidence of a housing shortage at all.

(Edit - propertytalklive has a really popular and lively discussion forum - check it out: http://propertytalklive.co.uk/forum)

When we see elderly relatives forced to lodge with their grown-up children, or young married couples staying with parents, then you can speak about a housing shortage. When we see young men in flophouses and families sharing houses, then you can speak about a shortage. These issues would be covered by the mainstream media, no doubt.

What you are seeing in construction and property pages of The Times and on these property investment websites you like is confirmation of what I've been trying to tell you. There is no homelessness crisis, but there is an understandable shortage of houses for sale. For now.

bernard_shaw

HAMISH_MCTAVISH wrote: »

And this is why it's never worth putting in the time to provide links and source material for the frothers.

When they don't like the answer, they just leave the debate.:rolleyes:

My pencil broke.

Spartacus_Mills

bernard_shaw wrote: »

My pencil broke.

How is it off for lead ?

bernard_shaw

bernard_shaw wrote: »

Right - propertytalklive, the website for property investors (!), references a report (Mind The Gap... - Smith Institue) which uses the 2004 Baker Report as its text and reference, only updating its implications in the light of the downturn in planning applications provoked by the financial crisis of 2008, as referenced in the Times article.

Nothing new here, in fact, just so much matryoshka. No evidence of a housing shortage at all.

(Edit - propertytalklive has a really popular and lively discussion forum - check it out: http://propertytalklive.co.uk/forum)

When we see elderly relatives forced to lodge with their grown-up children, or young married couples staying with parents, then you can speak about a housing shortage. When we see young men in flophouses and families sharing houses, then you can speak about a shortage. These issues would be covered by the mainstream media, no doubt.

What you are seeing in construction and property pages of The Times and on these property investment websites you like is confirmation of what I've been trying to tell you. There is no homelessness crisis, but there is an understandable shortage of houses for sale. For now.

And this is why it's never worth putting in the time researching rebutting the content of the links and source material provided by the frothers.

When they don't like the answer, they just leave the debate. :rolleyes: