The stich up keepiing homes unaffordable

Graham_Devon

Ahhh, so it appears that once again, the media, the local government agency, they are all wrong.

This forum, and a handful of HPI entusiasts are right?

Not only right, but everyone else is totally deluded, moronic and stupid.

Sums up the forum at the moment really.

System

Here we see a rare picture of "the media":

Mr._Pricklepants

Joeskeppi wrote: »

Here we see a rare picture of "the media":

This looks like a very trustworthy media, if I may say so.
Definitely much more trustworthy than the media who blame planning a lot.

Graham_Devon wrote: »

We blame planning on here a lot. The media blames planning a lot. The housebuilders and the government, too, blame planning.

Generali

Graham_Devon wrote: »

Ahhh, so it appears that once again, the media, the local government agency, they are all wrong.

This forum, and a handful of HPI entusiasts are right?

Not only right, but everyone else is totally deluded, moronic and stupid.

Sums up the forum at the moment really.

So what's the stich up? Is it that builders have land they aren't building on?

If that's the case it's probably worth looking at sales volumes: there's little point building what you can't sell.

OffGridLiving

Generali wrote: »

So what's the stich up? Is it that builders have land they aren't building on?

If that's the case it's probably worth looking at sales volumes: there's little point building what you can't sell.

And that's even if the builders are able to borrow the money required to build the houses in the first place. Perhaps the banks are trying to stich up the builders?

Graham_Devon wrote: »

Ahhh, so it appears that once again, the media, the local government agency, they are all wrong.

This forum, and a handful of HPI entusiasts are right?

Not only right, but everyone else is totally deluded, moronic and stupid.

Sums up the forum at the moment really.

Have you ever stopped to think that your interpretation of these reports, especially as you interpret them in isolation, is flawed?

ILW

OffGridLiving wrote: »

And that's even if the builders are able to borrow the money required to build the houses in the first place. Perhaps the banks are trying to stich up the builders?




Have you ever stopped to think that your interpretation of these reports, especially as you interpret them in isolation, is flawed?

There could be an argument that it is poor business to buy up and hoard "stock" that you cannot sell. In most cases this stock would be sold off cheap and then sold on a at a lower price.

Generali

ILW wrote: »

There could be an argument that it is poor business to buy up and hoard "stock" that you cannot sell. In most cases this stock would be sold off cheap and then sold on a at a lower price.

But there is no legal requirement to do so.

Graham_Devon

Generali wrote: »

So what's the stich up? Is it that builders have land they aren't building on?

If that's the case it's probably worth looking at sales volumes: there's little point building what you can't sell.

Heres an article today showing the issues that keep building low.

http://www.bbc.co.uk/news/uk-england-23790071

The LGA called on the government to remove restrictions on how much councils could spend on housing.

If all the evidence given still doesn't suffice, theres nothing more I can give. However, that doesn't mean it's wrong. It just means we cannot agree.

Imposing restrictions on new builds and then throwing money into making mortgages easier for new builds (i.e forcing lower supply but increased demand) is the stich up.

HAMISH_MCTAVISH

Graham_Devon wrote: »

Heres an article today showing the issues that keep building low.

http://www.bbc.co.uk/news/uk-england-23790071

From your article....

In a subsequent interview with BBC Radio 4's Today programme, he also accused banks of charging "extortionate" mortgage rates to those without large deposits.

"I think the banks are really ripping off the people who want to borrow money to buy homes," he said

ukcarper

Graham_Devon wrote: »

Heres an article today showing the issues that keep building low.

http://www.bbc.co.uk/news/uk-england-23790071

If all the evidence given still doesn't suffice, theres nothing more I can give. However, that doesn't mean it's wrong. It just means we cannot agree.

Imposing restrictions on new builds and then throwing money into making mortgages easier for new builds (i.e forcing lower supply but increased demand) is the stich up.

Not sure how the council can build house without cost