What Crash ?

Turnbull2000

adr0ck wrote: »

if theres going to be a 30% crash in prices as people keep saying then that means they will almost lose 50% of their profit anyway

they will just build out the sites that maintain their profit margin...the rest they will land bank until the market picks up again

So you're suggesting that builders will simply cease to function now?

Or that should prices drop, they'll restrict supply? To remain afloat, they'll have to continue building. And with a downturn in the market, margins from existing stock will fall. They may have no choice but to develop land banks.

Gorgeous_George

Turnbull2000 wrote: »

Half their output? I guess that means they'll also half their employee numbers, half their turnover and half their profit. Those house builders that are publicly listed may also face a shareholder revolt.

Output will continue as they scramble to stay afloat.

Depends what the options are.

Maintaining employees and output whilst reducing profits is hardly attractive to shareholders.

Suppose I supplied all the water butts in the UK. Would I continue employing the full workforce during a period of sustained rain?



GG

adr0ck

Turnbull2000 wrote: »

So you're suggesting that builders will simply cease to function now?

Or that should prices drop, they'll restrict supply? To remain afloat, they'll have to continue building. And with a downturn in the market, margins from existing stock will fall. They may have no choice but to develop land banks.

i didn't say they would cease to function

read my previous reply about building out the sites that maintain their profit and land banking the rest

kingkano

adr0ck wrote: »

sorry has anyone built a carbon neutral home yet?

Quite a few around the country actually.... (not mass market yet to be fair - they are one offs).

adr0ck

one off's exactly

all with quite a bit of land around them too i would bet

and by quite a few i take it you mean less than 10

kingkano

adr0ck wrote: »

one off's exactly

all with quite a bit of land around them too i would bet

and by quite a few i take it you mean less than 10

No actually :rolleyes: I know of probably a dozen individual places (there is bound to be alot more, I dont keep up, and they probably arent ALL news worthy except to the locals). I also know of a few new developments... a quick google will find you plenty.

http://www.oneplanetliving.org/uk/brighton.html (also doing them in a few other cities)

http://www.swecohomes.co.uk/

It is really over the next 2-3years that alot will start appearing (esp with the 0 stamp duty I think was announced?)

adr0ck

kingkano

just because someone advertises a development as eco friendly doesnt mean it's carbon neutral to the governments standards for 2016

i quote from the swecohomes website

"have installed a small but efficient condensing boiler that operates off the mains gas supply"

to be carbon neutral for building regs purposes you are not allowed to connect to mains gas:rotfl:

adr0ck

kingkano

from the one planet living development they talk about having 8 wind turbines for 172 homes

this is not enough (its no way near)

the rest of the electricity they will be "guarenteed new capacity resource"

i could do that now by just paying a bit more on my electricty bill

:rotfl:

adr0ck

kingkano wrote: »

No actually :rolleyes: I know of probably a dozen individual places (there is bound to be alot more, I dont keep up, and they probably arent ALL news worthy except to the locals). I also know of a few new developments... a quick google will find you plenty.

http://www.oneplanetliving.org/uk/brighton.html (also doing them in a few other cities)

http://www.swecohomes.co.uk/

It is really over the next 2-3years that alot will start appearing (esp with the 0 stamp duty I think was announced?)

zero stamp duty don't make me laugh

oh hang on i think i'll save £15,000 on a £500,000 house

the extras it will cost to build will be close to £100,000

hmmmmmmmmmmmmm

what should i do:rolleyes:

adr0ck

kingkano

the zero stamp duty has now pretty much been recognised as a headlining gimmick

i thought everyone knew that now;)