We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Developers Pushing Help to Buy Big Time
Comments
-
-
Depends on the price.HAMISH_MCTAVISH wrote: »That's strange.
Looks like there's loads of land both with and without PP for sale in the UK.
How are they prevented from buying it?0 -
Depends on the price.
How are they prevented from paying the market price, and thus "getting hold of the land"?“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”0 -
HAMISH_MCTAVISH wrote: »How are they prevented from paying the market price, and thus "getting hold of the land"?
If the seller is not prepared to sell at "market price". No deal. It's called speculation.0 -
If the seller is not prepared to sell at "market price". No deal. It's called speculation.
Plenty of land changing hands every week in the UK.
That sets the market price.
Is there some other market price you're referring to?“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”0 -
Graham_Devon wrote: »And how do you suppose they should do this?
All chip in a fiver?
Do try and keep up.
The hypothesis was that builders are making huge profits.
If this were really so, a new comer could bit a little higher for the land and still make 'a little bit less huge profits'.0 -
Do try and keep up.
The hypothesis was that builders are making huge profits.
If this were really so, a new comer could bit a little higher for the land and still make 'a little bit less huge profits'.
And a newcomer get's money from where?
The banks?
All you said was there was a load of self employed people....why dont' they get together.
Well that's great, until the homebuyer want's to claim on their non existant 10 year guarentee. Great until you ask where the money is going to come from. Great until you figure out that the large builders are the ones getting help from the government, not the smaller players.
There are ots of smaller players already out there.0 -
Graham_Devon wrote: »And a newcomer get's money from where?
The banks?
All you said was there was a load of self employed people....why dont' they get together.
Well that's great, until the homebuyer want's to claim on their non existant 10 year guarentee. Great until you ask where the money is going to come from. Great until you figure out that the large builders are the ones getting help from the government, not the smaller players.
There are ots of smaller players already out there.
If there is guaranteed huge profits to be made then yes Banks venture capitalists will make funds available.
Nad of course, if there are really loads of smallers players making huge profits they will easily expand and build all those houses that are required won't they?
and which bit of the national debt history do you wish to suppress?0 -
Graham_Devon wrote: »And a newcomer get's money from where?
Well if existing builders are getting % (lots) but there's an opportunity for a new entrant to get % (lots - 1) - then it sounds like the incumbents are underpaying for land due to lack of competition.
Plenty would be interested in a deal like that - it's not as if there are massive barriers to entry.0 -
If there is guaranteed huge profits to be made then yes Banks venture capitalists will make funds available.
Nad of course, if there are really loads of smallers players making huge profits they will easily expand and build all those houses that are required won't they?
and which bit of the national debt history do you wish to suppress?
It's all in the land banking...
Your point is a rather weird one. You may aswell simply claim a few engineers could get together and start competing with Shell.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards