BOE: "Not our job to regulate house prices"

John_Pierpoint

CLAPTON wrote: »

leveller2911 wrote: »

One would have thought that it is the responsibility of the local community to fund and provide infrastructure they need like schools, roads, hospital etc and not the local farmers.
After all those new people pay their council tax.

as a matter of interest how much profit did the developers make?


in what way will the housing market be in turmoil?
it seems to be to have been in that state since the WW2

What did the local farmers do in exchange for the uplift of (let us be conservative) tenfold in the value of their land ?
Where did this instant wealth come from ? The buyers of the new houses !

CLAPTON

John_Pierpoint wrote: »

What did the local farmers do in exchange for the uplift of (let us be conservative) tenfold in the value of their land ?
Where did this instant wealth come from ? The buyers of the new houses !

I think that windfall profits due to change in planning permission should be taxed both through land value taxes and heavy capital gains type tax.


However, the provision of schools, parks, hospitals, doctors, community centres should be funded appropriately from either local taxation or central government

John_Pierpoint

CLAPTON wrote: »

I am unfamiliar with the specific developments near Ashford but 99.99% of all councils produce a Local Development Framework - a plan for housing and infrastructure (or equivalent)

Note CLAPTON speaks the up to date jargon.

Has Ashford updated their offering since the Condems changed the system?
I would hope so or they will be facing "planning by appeal".

Meanwhile here is a quotation from a recent building conference:

3.19pm: Being on a new transport route isn’t a guarantee of regeneration if there’s no other infrastructure spend there - look at Ashford and Ebbsfleet, says Colette O’Shea.


http://www.cnplus.co.uk/home/summit/as-it-happened-construction-news-summit/8654662.article

John_Pierpoint

CLAPTON wrote: »

I think that windfall profits due to change in planning permission should be taxed both through land value taxes and heavy capital gains type tax.

Farming businesses don't pay those sort of taxes on their assets they roll over.
Nor do they pay the 40% IHT.

Mind you a line on a map can be a very arbitrary boundary between poverty and wealth.

http://www.plan-it-law.com/local-development-frameworks/

grizzly1911

John_Pierpoint wrote: »

Farming businesses don't pay those sort of taxes on their assets they roll over.
Nor do they pay the 40% IHT.

Mind you a line on a map can be a very arbitrary boundary between poverty and wealth.

http://www.plan-it-law.com/local-development-frameworks/

Can't read your link on this device.

I second the point regarding the redline particularly when one side has hundreds of thousands of acres.