It’s official: House building activity in strong recovery

HAMISH_MCTAVISH

shortchanged wrote: »

Why wouldn't anyone buy them as long as they were priced appropriately.

And don't use the mortgage rationing argument Hamish as it's wearing thin.

Mortgage rationing.

And just because it annoys you doesn't make it any less true.:)

ILW

HAMISH_MCTAVISH wrote: »

Nobody will build if there are no buyers.

Cheaper to revert the land to agricultural use.

Not if that reverse permission is not given.

Percy1983

I still see no evidence of this mortgage rationing, yes more applications are rejected at the higher ltv mortgages, but of course more marginal cases will give it a go at the hight ltv mortgages.

As I proved by getting one of these impossible mortgages, I have a clear credit file (available to anybody) and I bought within my means.

I think you are getting confused between rationing and sensible lending again.

I know sensible lending isn't helping you greed filled dreams of more equity, but at least call it what it is.

HAMISH_MCTAVISH

Percy1983 wrote: »

I still see no evidence of this mortgage rationing,.

Should have gone to Specsavers then.:)

Percy1983

Well luck would have it my slightly blurry vision meant I missed the point of rationing and the bank forgot too when I applied, maybe its best not to go specsavers.

What is the period of the rations out of interest?

If weekly do you have more chance of being accepted with you apply on a Monday than a Friday?

How many people are being turned away with 'sorry this weeks/months money has gone, come back next week/month'?

OffGridLiving

Let's hope they are building on brownfield sites instead of greenbelt.

Perhaps the real solution to a lack of housing is population control, rather than building more houses, more roads, more rail links, more airports, more supermarkets, more power stations, more boreholes, reservoirs sewage treatment plants, etc.

It's time for a different approach.

Percy1983

OffGridLiving wrote: »

Let's hope they are building on brownfield sites instead of greenbelt.

Perhaps the real solution to a lack of housing is population control, rather than building more houses, more roads, more rail links, more airports, more supermarkets, more power stations, more boreholes, reservoirs sewage treatment plants, etc.

It's time for a different approach.

I agree, we could start by letting less people in.

OffGridLiving

Percy1983 wrote: »

I agree, we could start by letting less people in.

That, and removing financial incentives to have children. Then get rid of the mechanisms that are totally reliant on an ever increasing population. A change to the state pension so that it is fully funded and invested and removal of all defined benefit schemes from the public sector. Let's get people working for themselves, instead of themselves and three other people.

Itismehonest

They also have a bad habit of building places so cramped that nobody can swing a cat in them so no-one wants to live in & in areas where nobody wants to live.

"You vill buy zis rabbit hutch".

grizzly1911

OffGridLiving wrote: »

That, and removing financial incentives to have children. Then get rid of the mechanisms that are totally reliant on an ever increasing population. A change to the state pension so that it is fully funded and invested and removal of all defined benefit schemes from the public sector. Let's get people working for themselves, instead of themselves and three other people.

I can here Glen Campbell strumming away in the background....