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Debate House Prices
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BOE: "Not our job to regulate house prices"
Comments
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grizzly1911 wrote: »Just curious.
State owns land.
Why would the state charge full market rate for the land, if it it is primarily there to provide affordable housing? There is little point in charging out full cost to yourself if you then have to pay the majority of it back to yourself.
These are primarily cost centre . Chasing wooden dollars is not cost effective. We should be seeking to provide such necessary homes at the least cost to the tax payer.
That does not mean to say the market rent for a property cannot be charged oout to those that are not in need of assistance. The additional revenue (profit element) could then be reinvested.
The reason for charging the market value is so that the decision makers can clearly see the true costs of the project and are then in a position to see alternative uses for that money.
Taking the view that council owned land is 'free' means that councils deprive the community of looking at alternative uses for that money.
So by e.g. selling that bit of council land may free mean they could buy other cheaper land and build more housing or some other local project.0 -
leveller2911 wrote: »
Much of the land in rural/semi rural areas can't be sold for housing due to the covenants placed on the land if it was donated in wills etc but it doesn't stop the local councils from using the land. "Market price" is part of the problem, many people can't afford inflated house prices and IMO developers will never build the housing stock we need, they will drip feed developments onto the market to keep the house prices high. Land is a finite resource in this country and developers have landbanked for one reason and that is to restrict supply and in doing so keeps their profit margins high.
We do feel fortunate in having a HA house and its my childrens generation I feel sorry for. All because of the greed of people who see a house as an investment and not a home.
What you are really saying is that we will always have a group in society who cannot stand on their own two feet in our pseudo capitalist society.
U would agree with you that this is self evident and it had been getting worse since the steam shovel replaced the pick axe previously doing the same job.
However are we fragmenting society in to strivers and skivers ?
Why is it that many people seem totally incapable of planning ahead and trying to take charge of their own destiny?0 -
grizzly1911 wrote: »
The reason for charging the market value is so that the decision makers can clearly see the true costs of the project and are then in a position to see alternative uses for that money.
Taking the view that council owned land is 'free' means that councils deprive the community of looking at alternative uses for that money.
So by e.g. selling that bit of council land may free mean they could buy other cheaper land and build more housing or some other local project.
By all means exchange one bit of the SE for a little bit more bit of the SE."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 Muruganantham0 -
grizzly1911 wrote: »0
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John_Pierpoint wrote: »What you are really saying is that we will always have a group in society who cannot stand on their own two feet in our pseudo capitalist society.
U would agree with you that this is self evident and it had been getting worse since the steam shovel replaced the pick axe previously doing the same job.
However are we fragmenting society in to strivers and skivers ?
Why is it that many people seem totally incapable of planning ahead and trying to take charge of their own destiny?
Perhaps it has started to become worse as the number of people with shovels has lessened, the number of diggers has increased and trickle down from the digger owners within society has become disjointed.
As population increases there will always be a growing number who cannot stand on their own two feet.
This has been compounded by the spread and mix of employment opportunities which have been largely compressed into the South East. resulting in higher costs of basic need items such as housing.
The cost of living is increasing whilst disposable income is falling for the majority. The wealth split is becoming more noticeable.
The vast majority are not skivers."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 Muruganantham0 -
grizzly1911 wrote: »
I've no idea what that means
The demand for houses is where the land is most expensive - by and large.
The land prices for development land with the option of planning permission will be closely aligned. Selling one piece at full market value and then moving 5 miles down the road to purchase another parcel at full market value probably won't make massive differences in the scheme of things (Discounting central London). If you expect said people housed to work for low wages then their ability to commute any meaningful distance diminishes.
No doubt shipping them to "gulags" in other deprived areas would bring suitable segregation and savings. If they could be built in the east or downstream even better."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 Muruganantham0 -
grizzly1911 wrote: »
The demand for houses is where the land is most expensive - by and large.
The land prices for development land with the option of planning permission will be closely aligned. Selling one piece at full market value and then moving 5 miles down the road to purchase another parcel at full market value probably won't make massive differences in the scheme of things (Discounting central London). If you expect said people housed to work for low wages then their ability to commute any meaningful distance diminishes.
No doubt shipping them to "gulags" in other deprived areas would bring suitable segregation and savings. If they could be built in the east or downstream even better.
Irrelevant to my point about the correct identification of real opportunity costs.
And in any event you are simply wrong about what a difference 5 miles can make.0 -
grizzly1911 wrote: »Selling one piece at full market value and then moving 5 miles down the road to purchase another parcel at full market value probably won't make massive differences in the scheme of things (Discounting central London). .
Makes a big difference up here.
1 bed flat in city centre = 140K
Half a mile out = 120K
1 mile out = 100K
2 miles out 80K
20 miles out 60K
35 miles out 40K
Move a 40 minute commute out from town and use bangernomics for the transport side of things and it becomes a compelling argument.
Move 2 miles out and use the bus and it becomes a compelling argument....“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: »Makes a big difference up here.
1 bed flat in city centre = 140K
Half a mile out = 120K
1 mile out = 100K
2 miles out 80K
20 miles out 60K
35 miles out 40K
Move a 40 minute commute out from town and use bangernomics for the transport side of things and it becomes a compelling argument.
Move 2 miles out and use the bus and it becomes a compelling argument....
There isn't exactly a shortage of land up there or alternative an array of tantalising opportunities."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 Muruganantham0 -
grizzly1911 wrote: »
And in any event you are simply wrong about what a difference 5 miles can make.
Depends were you are."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 Muruganantham0
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