More Housing Shortage News...... One for the shortage deniers

HAMISH_MCTAVISH

Quite amazing we still have a few housing shortage deniers on here....

Anyway....

The expansion of converting garden sheds to illegal dwellings seems to be reaching endemic proportions. 300 inspected in just the last 3 months in Slough alone...

Illegal sheds in back gardens which have been converted into housing are being inspected by Slough Borough Council as part of a housing crackdown.



Recent years have seen an increase in landlords converting sheds in their back gardens into illegal dwellings.

In the past three months, a housing team from Slough council has inspected 300 suspected 'sheds with beds'.

The council has served 133 notices, requesting landlords to remove kitchens and showers from the sheds.

The housing teams are targeting individual wards. In a visit to Chalvey, 250 sheds were inspected. Elsewhere in Slough 50 other sheds have been investigated.

http://news.bbc.co.uk/local/berkshire/hi/people_and_places/newsid_8531000/8531226.stm


Shelter seem to have finally realised the problem exists as well.....

Shelter’s Mr MacRae commented: “It is a very difficult time and it will continue to get worse if only piecemeal solutions are attempted. Yes, times are tough but there is a unique aspect to housing which should make it a priority. Lack of building in the public sector has a direct correlation to high rents in the private sector.”

Rents are extortionate for many working people on low incomes, not just in London but in places like Edinburgh and Aberdeen as well, and at the route of it all is the lack of housing supply.”

David Melhuish, director of the Scottish Property Federation, said: “Despite suggestions to the contrary, research suggests average rental increases have closely mirrored average earning increases over the past decade. But recent evidence does indicate upwards pressure on rents in the current market, largely because of increased demand for rental properties.”

He added: “The fact is that traditional house-building for ownership and the buy-to-let building models are simply not delivering homes on a large enough scale.”

http://www.heraldscotland.com/business/corporate-sme/housing-charity-claims-rents-are-too-costly-1.1087380

And of course the builders are going to keep building less houses, particularly for FTB's..... As the mortgage famine makes it pointless for them to build more.

Mark Clare, chief executive of Barratt Developments, said the company was "moving away from [building homes for] first-time buyers" because young people are finding it too difficult to get mortgages.

Mr Clare said less than 30pc of Barratt's new homes outside of London are designed for first-time buyers, compared with 72pc two years ago.

"First-time buyers will have to look at second-hand rather than new, it is going to make it a lot harder [to buy a house]," he said. "First timers are being pushed into the private rental market, but that also requires new homes to be built."

Mr Clare said there is a "severe" lack of new homes, with only about 100,000 new homes being built each year, while 200,000 to 250,000 new family units are created annually as housebuilders concentrate on larger properties. "The gap is getting bigger and bigger," he added.

http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/8346147/Barratt-Developments-moves-away-from-first-time-buyer-housing.html

Mortgage rationing is just kicking the can down the road, delaying the inevitable HPI, and building up an even bigger boom and bust cycle for the future.

Every year funding restrictions continue, is another year where the housing shortage worsens, and a whole generation of FTB's is going to suffer....

Graham_Devon

This is less a shortage problem and more a landlord problem.

Please don't try to lend it on banks and lending, that's ignorance to the absolute extreme.

And the 3 articles are not linked. They are 3 seperate articles, which you have tried to glue together to make a larger point.

HAMISH_MCTAVISH

Graham_Devon wrote: »

This is less a shortage problem and more a landlord problem.

Please don't try to lend it on banks and lending, that's ignorance to the absolute extreme.
.

the company was "moving away from [building homes for] first-time buyers" because young people are finding it too difficult to get mortgages.

"First timers are being pushed into the private rental market, but that also requires new homes to be built."

You have a hard time grasping the connectedness of things, don't you Graham?

HAMISH_MCTAVISH

Graham_Devon wrote: »

And the 3 articles are not linked. They are 3 seperate articles, which you have tried to glue together to make a larger point.

Yes.

Three articles, from three different sources, but all with regards to the extreme housing shortage in this country.

[Deleted User]

Graham_Devon wrote: »

This is less a shortage problem and more a landlord problem.

Surely it's both.

Graham_Devon wrote: »

Please don't try to lend it on banks and lending, that's ignorance to the absolute extreme.

If the banks relaxed their deposit requirements however then more people would be in the position to buy and that would encourage builders to build more homes.

Graham_Devon

HAMISH_MCTAVISH wrote: »

the company was "moving away from [building homes for] first-time buyers" because young people are finding it too difficult to get mortgages.

"First timers are being pushed into the private rental market, but that also requires new homes to be built."

You have a hard time grasping the connectedness of things, don't you Graham?

That has absolutely nothing to do with landlords renting out there sheds.

You are showing sheer desperateness now.

geneer

doesnt appear to be any shortage of properties on rightmove et al.

wonder how that factors into Spamishes theory.

In any event, wasn't it a shortage of properties which was going to ensure a soft landing in 2007?:)

Graham_Devon

[quote=[Deleted User];41548688]Surely it's both.



If the banks relaxed their deposit requirements however then more people would be in the position to buy and that would encourage builders to build more homes.[/QUOTE]

What, you think people currently taking the option of living in sheds, would be able to buy houses?

What planet do you need to be on for your mind to simply say "oh, someone living in a shed because they presumably can't afford to rent a normal place could simply go and buy properties if the banks lent some money".

I mean seriously. The delusion. It's getting worse by the day.

[Deleted User]

Graham_Devon wrote: »

What, you think people currently taking the option of living in sheds, would be able to buy houses?

What planet do you need to be on for your mind to simply say "oh, someone living in a shed because they presumably can't afford to rent a normal place could simply go and buy properties if the banks lent some money".

I mean seriously. The delusion. It's getting worse by the day.

lol, that would be stupid! I suspect the number of people living in sheds isn't significant enough to make much of a difference on the market.

Builders would be building more homes if there were more people in a position to buy. The current deposit requirements and rates on offer is a big part of why there aren't more homes been built.

The sheds issue just shows how bad the situation is in a few isolated (hopefully) areas.

Procrastinator333

THE_GHOUL_HUNTER wrote: »

great news. This all bodes well for more house price rises this year. I reckon 20%+. incidentally this si the exact same figure as my local estate agent predicted.

I really can't convey how boring this has become.

Nikel

Barratt has even begun a new scheme offering loans to parents trying to help their children raise enough cash for a deposit.

I wonder how thats working out.