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Debate House Prices
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BOE: "Not our job to regulate house prices"
Comments
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Graham_Devon wrote: »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.
Governments should also be able to borrow the funds at much lower rates than the BTL crowd queing up at the Woolwich. It is the compound dividend funding requirement from the layers of middle men that also add to the overall cost."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 -
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.
I understand the need to provide housing for poorer people.
Social housing brings too many disadvantages.
I believe that subsidising people is better than subsidising properties.
There is nothing in principle wrong with the state building houses to let on the free market although it shouldn't be necessary if the state imposed fewer obstacles to building new homes.0 -
I understand the need to provide housing for poorer people.
Social housing brings too many disadvantages.
I believe that subsidising people is better than subsidising properties.
There is nothing in principle wrong with the state building houses to let on the free market although it shouldn't be necessary if the state imposed fewer obstacles to building new homes.
Council housing worked very well in the 60s but I don't see a problem with the rents being nearer market rent and tenants receiving HB. I see the disadvantage of that as extra cost of running the advantage you are not subsidising people who could afford to pay more.0 -
"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 -
shortchanged wrote: »Don't you get a sense of deja vu though?
It looks as if nobody has learnt from the mistakes of the previous decade. We are potentially having a property led recovery, instead of a genuine recovery. It all has the potential to end in tears for many again.
Exactly - I can't understand why people don't see it!0 -
Council housing worked very well in the 60s but I don't see a problem with the rents being nearer market rent and tenants receiving HB. I see the disadvantage of that as extra cost of running the advantage you are not subsidising people who could afford to pay more.
Council housing in the 60s was better than the slums and the overcrowding caused by the massive bombing damage.
It was not better that decent provision of housing of owner occupier or decent rented property.
The objections to council housing are broadly about
- subsidising property rather than people
- discouraging mobility for the tenants
- tenancies for life irrespective of changes in income and of housing need
- unreasonable costly housing standards
- disassociating cost and housing choice.
there is also issues of creating ghettos etc0 -
Graham_Devon wrote: »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.
Councils wouldn't build houses directly - they put the building out to tender.
Builders will want a profit whether they're building for the private or public sector.
There is no free lunch. Maybe builders margins could be squeezed but once the public sector gets involved efficiency will drop to compensate.0 -
grizzly1911 wrote: »
A strange article which only the 'in' crowd (excludes me) can understand.
The important thing about HB was that it actively encouraged the rise in rents: so rent inflation was guaranteed and built into the system.
Combined with the low level of new house building and the increase in population HB is almost bound to continue to increase although the recent changes may have an impact.
We need to understand why more houses aren't being built and remove the obstacles.0 -
JencParker wrote: »Exactly - I can't understand why people don't see it!
maybe if you explained what a property led recovery is and why it is bad and what the signs are then more people would see it.0 -
A strange article which only the 'in' crowd (excludes me) can understand.
The important thing about HB was that it actively encouraged the rise in rents: so rent inflation was guaranteed and built into the system.
Combined with the low level of new house building and the increase in population HB is almost bound to continue to increase although the recent changes may have an impact.
We need to understand why more houses aren't being built and remove the obstacles.
Makes me wonder if obfuscation is all part of the game.
Increase in population and fall in earnings, growing job insecurity lower down the pay scales.
Early and limited data apparently:-
Benefit cap 'not encouraging work or saving money'
http://www.bbc.co.uk/news/uk-24630321"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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