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Debate House Prices
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Only increased building can solve prices....
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Not as much as the population is.
what has that got to do with the proposition that the less you build the greater the profits?
why is there ANY increase in building if it is against the best interests of builders?
why doesn't everyone not build and make a fortune?
why don't you not build and make a fortune? (obviously you would use the money for good causes)0 -
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shortchanged wrote: »by enough CLAPTON??
on average I would say I post at least a couple of posts each day that say we need to build more houses
at least once a week (sometimes more often) I post that we need to change the planning rules and the artificial taxes / levies on new building
I have also advocated specific allocation of land to self builds and smaller builders
So, in answer to your question, it might be reasonable to assume that I believe there is insufficient house building.0 -
mayonnaise wrote: »Definitely not the case for HTB1, quite the contrary.
http://www./news-and-features/sectors/products/products-news/help-to-buy-1-slows-new-build-price-inflation/2008498.article
Authoritative as mortgagestrategy.co.uk no doubt is, that just makes no sense.
the stats could show anything - e.g.that the mix of new builds has changed to include a higher proportion of smaller, ftb-ish, houses, or just (e.g.) that prices would have fallen by a fair bit without htb.
Think about the logic 'oh, demand has gone up so I'll need to cut my prices'.FACT.0 -
the_flying_pig wrote: »Authoritative as mortgagestrategy.co.uk no doubt is, that just makes no sense.
Oh ok, we'll just accept the authority of the flying pig from MSE then. Let's not bother with facts anymore.Don't blame me, I voted Remain.0 -
the_flying_pig wrote: »You cannot reduce prices by increasing demand. You cannot cannot cannot cannot. The very idea of this makes less zero sense.
Well, erm, so what?
1) The point of converting housing need into effective demand through schemes such as HTB is not to reduce prices, or increase prices, but rather to get more houses built and enable more people to buy rather than rent. It is succeeding rather well in that regard.
2) The areas with the highest number of HTB mortgages issued are also the areas with some of the lowest increases in price, whereas the areas with the highest price increases are also the areas with the lowest HTB mortgage issuance.
So your already tenuous grasp of housing economics appears to be stretched beyond your capacity to understand what is happening here.“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: »Well, erm, so what?
1) The point of converting housing need into effective demand through schemes such as HTB is not to reduce prices, or increase prices, but rather to get more houses built and enable more people to buy rather than rent. It is succeeding rather well in that regard.
...
yes, yes i know that, to put it mildly, you don't want prices to fall or moderate, but on a thread which, er, you i believe, titled "...only... can solve prices" I don't think it was entirely unreasonable of me to bring up the impact of HTB on, well, prices?HAMISH_MCTAVISH wrote: »...2) The areas with the highest number of HTB mortgages issued are also the areas with some of the lowest increases in price, whereas the areas with the highest price increases are also the areas with the lowest HTB mortgage issuance...
see my earlier comments. this data is of very, very, poor quality. not mix adjusted, not anything.
a genuine belief that increased prices wasn't both a primary object and effect of HTB, certainly HTB2, is pretty much unique to, well, if [which i doubt] you're sincere then it's pretty much just you.FACT.0 -
How come if there's a shortage of houses the estate agents are stuffed full 'em?
When I last talked to estate agent he said there only 16 properties available for sale from his shop. Empty shops in London.Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0 -
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