4,000,000 to need UK housing!

robin_banks

abaxas wrote: »

EDIT : Just had a look.

Nice new build starter home (2 bed) in Consett, £69,995. So I guess you can easily build a house for 50k.

Also plenty of unskilled workers around to use.

You need skilled workers to build houses.

Brickies, Plasterers, Carpenters, Electricians et al don't come cheap.

IveSeenTheLight

Pobby wrote: »

Sounds like you have your head screwed on and had a bit of good fortune. I have no idea when you bought but my guess is that it was a few years back where you could make a decent yield. I know of 2 friends. One makes no yield and is likely to make a small loss. The other, one of me Irish mates makes a monthly loss of 700 euro. His words.

The latest property bought was in Jan 07.
Decent yields can still be obtained today and throughout the last few years.
I'm not proclaiming all landlords have made the correct decisions which is evident from your friend making a 700 Euro monthly loss, but if it is viewed as a business and purchased on that basis, then it is worthwhile.

Not all property and not all areas are ideal for rental purposes.

abaxas

robin_banks wrote: »

You need skilled workers to build houses.

Brickies, Plasterers, Carpenters, Electricians et al don't come cheap.

~ 5-7 days training + a few months are you are 95% as good as someone who has done it for years. Unless things are complex of course.

In terms of skill it goes....

Plasterers (lowest skill)
Brickies
Electricialns
Carpenters (highest).

However there is very little carpenty in a house anymore :P

i8change

Originally Posted by HAMISH_MCTAVISH
Every party knows we need another ten million people in the next 20 years. And we'll get them too.....

No they don't!

http://www.migrationwatchuk.org/briefingPaper/document/179

8 Every serious study has come to the same conclusion. In November 2003, the House of Lords Economic Affairs Committee dismissed this argument. They reported:

"We conclude that… it is neither appropriate nor feasible to attempt to counter the trend towards a more aged society in the UK through a manipulation of immigration policy".

9 In November 2004, the UN World Economic and Social Survey put it even more strongly:

"Incoming migration (to Europe) would have to expand at virtually impossible rates to offset declining support ratios, that is, workers per retirees".

10 The major review of pensions in the UK conducted by Lord Turner dismissed the suggestion in their preliminary report in the following terms:

"Only high immigration can produce more than a trivial reduction in the projected dependency ratio over the next 50 years. Net inward migration at +300,000 per year could bring the 2040 old-age dependency ratio down from 47.3% to 42.1%. But it is important to realise that this would only be a temporary effect unless still higher levels of immigration continued in later years, or unless immigrants maintained a higher birth rate than the existing population, since immigrants themselves grow old and become pensioners who need workers to support them."[2]

11 In a lecture to the LSE in November 2007, Lord Turner said

"The problems created by ageing in the rich developed world are hugely overstated and the problems created by rapid population growth in much of the developing world are too often ignored or down played".

12 Finally, the Select Committee on Economic Affairs of the House of Lords, reporting on the economic impact of immigration in April 2008[3] concluded that:

"Arguments in favour of high immigration to defuse the "pensions time bomb" do not stand up to scrutiny as they are based on the unreasonable assumption of a static retirement age as people live longer, and ignore the fact that, in time, immigrants too will grow old and draw pensions. Increasing the official retirement age will significantly reduce the increase in the dependency ratio and is the only viable way to do so."

matbe

abaxas wrote: »

~ 5-7 days training + a few months are you are 95% as good as someone who has done it for years. Unless things are complex of course.

In terms of skill it goes....

Plasterers (lowest skill)
Brickies
Electricialns
Carpenters (highest).

However there is very little carpenty in a house anymore :P

No it doesn't

Before you get to these trades you need architects,building surveyors, quantity surveyors, groundworkers etc.

your'e only at slab level now.


Give me an electrician off a 5 to 7 day course with six months experience and i will make him look like an idiot without trying. same as any tradesman in any discipline.

you have no understanding of building trade.

I bet your'e one of those people who takes an entire sunday putting up 2 shelves and then spends the next 12 months telling everyone how easy diy is and tradesmen are not needed.

What do you do for a living?

Come and work with me for a week see how easy it is.

matbe

Generali wrote: »

These guys manage to build a house for AU$122k (about £50,000 at a normal exchange rate, closer to £75,000 now though). For that you get a 2,500sq ft house with 3 bedrooms, 3 receptions, 2 bathrooms, a double garage, aircon and heating.

http://www.homeworld.com.au/houses.php?houseID=16

They're not the only ones too. There are plenty of builders here that will build you a large (by UK standards) house for less than $150,000

http://www.homeworld.com.au/

Are British builders really that much less efficient than Aussie ones? I have my doubts.

I am not arguing the cost i pretty much agree if land was free and house was low spec you could build it for 50k.

But not with unskilled labour.

tripled

viscione wrote: »

Immigration isn't all that bad . . . . look how it benefited the US

If you were able to ask the native Americans who were being slaughtered at the time because they wouldn't give up their sacred lands, I'm not sure they would agree immigration benefited America.