Debate House Prices


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Britain needs 300K new houses a year to end housing crisis

300,000 extra homes need to be built every year to curb housing crisis, urges report

The UK needs a threefold increase in the number of new homes to help end the “blight” of poor housing, a report has concluded.

The study by the Future Homes Commission, a body instigated by the Royal Institute of British Architects (Riba), called for 300,000 extra homes to be built every year on brownfield land and sections close to virtually every city, town and village in a "housing revolution".
http://www.independent.co.uk/news/uk/home-news/300000-extra-homes-need-to-be-built-every-year-to-curb-housing-crisis-urges-report-8227467.html

If we see this level of housebuilding for a decade, I'll turn bear.;)

Until then.... Not so much.
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

Belief in myths allows the comfort of opinion without the discomfort of thought.”

-- President John F. Kennedy”

Comments

  • Realistically how many new homes will be built per year?
  • Carl31
    Carl31 Posts: 2,616 Forumite
    Ninth Anniversary Combo Breaker First Post Name Dropper
    Or a reduction in residents.....
  • Does anyone know how the breakdown of housing shortages work out per region?

    Because I suspect the vast majority of these houses are needed in the South East and London. Am I correct?
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary Combo Breaker First Post Name Dropper
    Lets do it then.....
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    First Anniversary Combo Breaker First Post
    BobQ wrote: »
    Lets do it then.....

    We might get building some more in the next couple of years. The argument that it will finally get us out of recession (and there is evidence of this) is getting larger all the time.

    The shortage problem is also starting to hit prime news slots on newsnight etc. It appears it's a matter of time to me....though that time could be a long time coming yet.
  • PaulF81
    PaulF81 Posts: 1,727 Forumite
    Good job there is plenty of space then in the Cotwolds AONB....

    get self building!
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    And RIBA don't have a vested interest?

    We do need more homes, the likelihood of such numbers, exceedingly low.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
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