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Debate House Prices
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BOE: "Not our job to regulate house prices"
Comments
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100,000 is not a realistic price for an average property taking into account all the cost including land etc in areas where we have housing need.
It is no doubt in somewhere in the middle of our ranges.
Double it if you want just means only building 100 000 a year better than the 0 or 1400 we have now. If there is real need then why no CPO?
We can just keep on paying out the £20bn and ever growing a year for no return."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: »It is no doubt in somewhere in the middle of our ranges.
Double it if you want just means only building 100 000 a year better than the 0 or 1400 we have now. If there is real need then why no CPO?
We can just keep on paying out the £20bn and ever growing a year for no return.
we can build more houses without taxpayer money if the government changed planning rules and the various levies.
there is no shortage of the people to build houses : we have a shortage of available land (planning rules), excessive taxes/levies on new builds and a shortage of mortgages
HB got out of hand because of the insane rules that applied: unfortunately it's not yet possible to see how the latest reforms will change things; we will have to wait and see but the reforms have not gone far enough.
with sufficient new building, the price of properties will fall and so the total HB cost will also reduce without all the disadvantages of government owned housing.0 -
we can build more houses without taxpayer money if the government changed planning rules and the various levies.
there is no shortage of the people to build houses : we have a shortage of available land (planning rules), excessive taxes/levies on new builds and a shortage of mortgages
HB got out of hand because of the insane rules that applied: unfortunately it's not yet possible to see how the latest reforms will change things; we will have to wait and see but the reforms have not gone far enough.
with sufficient new building, the price of properties will fall and so the total HB cost will also reduce without all the disadvantages of government owned housing.
Dream on it simply isn't going to happen. Private housebuilding has never made up the shortfall in demand and I would suggest is unlikely to do so in the future. Might help developer margin.
The reforms will slow down the rate of increase for a period. The media has reported the problems that these reforms are creating through rent defaults and council tax prosecutions rising. Cuts in one direction just push the issues somewhere else. The underlying problem isn't going away. The small number of Daily Mail headline cases may be capped but the real problems remain."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: »Dream on it simply isn't going to happen. Private housebuilding has never made up the shortfall in demand and I would suggest is unlikely to do so in the future. Might help developer margin.
The reforms will slow down the rate of increase for a period. The media has reported the problems that these reforms are creating through rent defaults and council tax prosecutions rising. Cuts in one direction just push the issues somewhere else. The underlying problem isn't going away. The small number of Daily Mail headline cases may be capped but the real problems remain.
yes the underlying problems need to be solved
we need to build more properties0 -
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yes the underlying problems need to be solved
we need to build more properties
I don't think it would be possible to build enough houses in the London and the South East to bring prices down enough to make them affordable to the low paid therefore you will have to pay HB or build social housing I see social housing as the best and cheapest in the long term. I don't think it will happen.
As your figure of 166 years is wrong and it is 16 years do you consider that to long to recoup cost.0 -
I don't think it would be possible to build enough houses in the London and the South East to bring prices down enough to make them affordable to the low paid therefore you will have to pay HB or build social housing I see social housing as the best and cheapest in the long term. I don't think it will happen.
As your figure of 166 years is wrong and it is 16 years do you consider that to long to recoup cost.
Why is is not possible to build enough (private sector) houses in London and the SE but it is possible to build sufficient council properties?0 -
Whats so bad about working on a till etc? Perhaps people would rather do that than sit at home or work in a high pressure environment? I have a friend whose a qualified chemist and is much happier now working as a postman. Life isn't all about making as much money as you can....
There's nothing bad about any job if that's what you like doing.
But the point was raised on this thread about all the low paid people not being able to afford to buy a home. You can choose to work in a low paid job and accept that you will be unlikely to ever own a property. But you can't choose to work in a low paid job and then complain that you can't afford to buy a house.
And it always is a choice. Whether that choice was made at school when you decided not to pay attention, or whether the choice was made later in life due to desire for a less stressful career, it's always your choice.0 -
Why is is not possible to build enough (private sector) houses in London and the SE but it is possible to build sufficient council properties?
Because council can do it non profit.
Private builders always require profit.
Mass building programmes would be against builders interests as it would reduce the value of all the other properties they are building.0 -
Why is is not possible to build enough (private sector) houses in London and the SE but it is possible to build sufficient council properties?
You miss the point the choice is build private house let to low paid with HB or build social housing I would suggest building a mixture of both is the best solution.0
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