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shortage of homes in the UK?
Comments
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New towns have obviously been built in the past, Milton Keynes, Welling Garden City etc.
So yes great the south east has more homes but how does that help redistribute jobs. Its solving the wrong problem.0 -
Well it does, most house builders are sitting on huge blocks of land which they wont develop until they sell the current boxes.
If they increase supply they would have to lower their prices meaning less profit and sadly would make them more affordable they have no interest in that at all!
This is another big misconception
House builders are sitting on xyz hundred thousand plots (I think its about 400k)
Why is that abnormal or wrong? A House builder is a big national business. Should they have one weeks land stock? What if they couldn't get more land within 7 days? Go bankrupt? Fire everyone? How could they even borrow money to build if they saod to their lenders lool fellas we may be oit pf business in one weeks time becuase thats all the land bank we hav
They have what is one years supply at the level we should be building.
That is not evil not wrong not some conspiracy theory
Its a big builder trying to insure it will have a business in a few years0 -
France is probably (socialist government) buying short term growth of GDP by building houses as done in the thirties. Sadly it does very little for GDP in the long term as it adds nothing to productivity of the country.
This country has a real problem with mobility the south east where job creation seems highest is one of the most expensive areas to move to, as such whilst there maybe jobs available its not easy to go and do them. Creating new towns does not solve this problem and will still leave most of the problems.
Ironically subsidising jobs with working benefits and housing benefits means firms do not have to pay significantly higher wages to be based in the south east and thus firms do not move to cheaper areas. Spreading round the growth.
the point of building new properties isn't to improve productivity: it is to provide decent homes for people to live in.
creating new towns in the SE near the jobs would help people to have better homes0 -
Yes but you need to balance that with density of population. When is the M25 not congested for instance? Can you get your child into any school let alone a good one? How many people lent on you on the train this morning?
Really keep pilling it up because living on top of people is not making people happy.0 -
New towns have obviously been built in the past, Milton Keynes, Welling Garden City etc.
So yes great the south east has more homes but how does that help redistribute jobs. Its solving the wrong problem.
Does London and the SE have too many jobs?
Is unemployment in London minus 50%
How are you going to move jobs to the north when there isn't enough jobs in London for those in London let alone enough to export them?
Its another general misconception
Of course London attracts most new business not becuase of some conspricy but becuase new and existing business want to be as close to as many customers as possible and in the uk that means London.
This has been true since the beginning of civilisation. Its simply called urbanisation and it is generally a good thing.
Anyway.
What do you think? Is France massively over building or is the uk under building?0 -
This is another big misconception
House builders are sitting on xyz hundred thousand plots (I think its about 400k)
Why is that abnormal or wrong? A House builder is a big national business. Should they have one weeks land stock? What if they couldn't get more land within 7 days? Go bankrupt? Fire everyone? How could they even borrow money to build if they saod to their lenders lool fellas we may be oit pf business in one weeks time becuase thats all the land bank we hav
They have what is one years supply at the level we should be building.
That is not evil not wrong not some conspiracy theory
Its a big builder trying to insure it will have a business in a few years
The reason is they have been sitting on such blocks for years and are the main reason we are not building enough houses? Who else builds houses?0 -
Yes but you need to balance that with density of population. When is the M25 not congested for instance? Can you get your child into any school let alone a good one? How many people lent on you on the train this morning?
Really keep pilling it up because living on top of people is not making people happy.
But that is the current low build policy
Cram them in and build few
In France whomes are built at an average 120sqm vs closer to 70sqm in the uk
So building more doesn't have to mean building more dense it often means the opposite0 -
The reason is they have been sitting on such blocks for years and are the main reason we are not building enough houses? Who else builds houses?
They've not been building for the last few years primarily because of mortgage rationing.
House building fell by 50% after the global financial crisis and credit crunch.
Because builders won't build what they can't sell.“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 -
The reason is they have been sitting on such blocks for years and are the main reason we are not building enough houses? Who else builds houses?
It doesn't matter a big builder needs to have more stock than a few months how else can they employ people or borrow money if they only had a few weeks or months of guaranteed business? . They effectively have just one years supply if we built at French levels
And the question isn't, who else builds houses, it is, who comverts agricultural land into building land and the answer to that os mot the builders0 -
HAMISH_MCTAVISH wrote: »They've not been building for the last few years primarily because of mortgage rationing.
House building fell by 50% after the global financial crisis and credit crunch.
Because builders won't build what they can't sell.
Was there no credit crunch in France? Build rates did not fall 50% there
Why?
And build rates did not fall 50% they went from around 180k to 120k a fall of 33%0
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