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Debate House Prices
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Nick Clegg: pay residents to accept new Garden Cities
Comments
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compensation is usually fairly limited
often noise is a major fact and not just a visual impairment or something a mile away0 -
People have long been compensated if a major road or airport or railway line is built nearby - would you stop that too?
And even if it is 'wrong' (which I don't think it is), if it results in more houses being built than otrherwise isn't that a good thing?
Where does this compensation come from? Taxpayers? I'd rather spend that money on other things I'm afraid.
If my neighbourhood goes downhill and the value of my house suffers is the local council going to compensate me?0 -
The heathrow take off path has been changed between me putting an offer in on this house and actually buying it. The result is a lot more aircraft noise. Where's my compo Cleggy? I reckon my house is worth about £500k less so if you can just pay that into my bank account by the end if the week.0
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It's not compensation it's a bribe.0
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Not at all - Tesco always knew that other retailers could come and sell products at whatever price they chose, a purchaser who bought a house because of a 'green belt' protection that is subsequently been with drawn should be compensated. I can't understand why it is hard for others to understand this point.
And anyone can change planning laws at any time. Surely if you're buying a house next to a field you'd bear in mind it may get built on at some point?“I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse0 -
Where does this compensation come from? Taxpayers? I'd rather spend that money on other things I'm afraid.
If my neighbourhood goes downhill and the value of my house suffers is the local council going to compensate me?
Good idea. I'll need financial compensation if some dodgy types move in next door and stop tending the front garden, might make it more difficult to sell up.
Also if house prices fall due to some economic event in the future I wouldn't mind a couple of hundred grand compo.0 -
Where does this compensation come from? Taxpayers? I'd rather spend that money on other things I'm afraid.
So you would rather pay an ever increasing housing benefit bill because their are not enough houses so rent prices are bid up rather than 'bribe' a few people so that more houses can be built?
Don't forget when permission is granted and the land goes up in value the landowner will have to pay out a big chunk in capital gains tax that is likely to more than cover the incentive payments.I think....0 -
It's not compensation it's a bribe.
Well if that's what it takes to get more houses built it's probably worth it....“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 -
chewmylegoff wrote: »Good idea. I'll need financial compensation if some dodgy types move in next door and stop tending the front garden, might make it more difficult to sell up.
Funnily enough if your neighbour starts making anti-social noise you can complain to the council and get it stopped - of course if your neighbour offers to buy you state of the art triple glazing and give you £100 a month compensation for the noise you might decide you don't want to complain after all - exactly the same principle here, you suffer a loss, you get compensated.I think....0
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