Concrete over the greenbelt. Generation Rent is at breaking point

Cornucopia

remorseless wrote: »

Reading this I don't think it's foreigners pushing the prices up, its' the "notion" that kids need their own room and those expectations that push the price up.

Did you all grow up with your own room?

The problem with this (indeed any) relatively complicated topic is that there is rarely one single cause for the perceived problem. And the perceived problem is rarely as universal as it is portrayed. Certainly, I don't think people understand that the property market is flexible, and with demand exceeding supply, it has the capability to hoover up money in the form of higher prices. Everything contributes to this: the excess demand from expectations (both those of natives and immigrants) and the excess money available to contribute to prices (from two incomes, for example).

I did have my own room, from about age 10 maybe, although this originated through building work on our existing house - we did not move.

Cornucopia

ukcarper wrote: »

No idea but if you look at the price of a 2 bed semi bungalow in many areas they are not far short of a small 4 bed detached so the demand is obviously there. Probably more profitable to cram in Small terraced houses onto a site.

Yes. Although the footprint of the bungalow will be at least as big as the 4-bed, possibly bigger, so the land element is the same.

ukcarper

Cornucopia wrote: »

Yes. Although the footprint of the bungalow will be at least as big as the 4-bed, possibly bigger, so the land element is the same.

That's why I compared semi to detached making overall plot size similar or smaller . I certainly can't see the space on modern high density estates for bungalows.

CLAPTON

ukcarper wrote: »

That's why I compared semi to detached making overall plot size similar or smaller . I certainly can't see the space on modern high density estates for bungalows.

no possibility that there are planning issues about density of housing?

remorseless

I was going to ask how much space do you actually need, then I got surprised!!!

Cornucopia

Not really that surprising that the countries with the biggest amount of space allow people to spread out a bit.

Also, there is an issue of prevailing/permitted construction methods. i.e. a typical US wood-framed house with lightweight sidings is less expensive to build/consumes less resources than a Northern European brick-build dwelling.

cells

boroughsseless wrote: »

Sorry - I thought this was be to solve London's housing shortage/problem.

Outside of London (green belt area) properties are already fairly reasonably priced!

What is a town you think has a problem and how much do you think a property should be priced? And what sort of property?

New boroughs are needed within the M25 and some existing boroughs need to get more dense by that I mean building on the green bits rather than knocking down homes and building flats.

Heathrow closing and moving to Boris island (or wherever else) would also allow what remains if Heathrow to be a bew borough that can be built as v.high density flats too.

also the definition of London needs to change to be within the m25 which increases the size if 'london' by some 700 sqkm


and these new builds beed to be decent sized new builds with no more than 20% social housing in them. If you build em tiny and crap they will have less of an impact

cells

remorseless wrote: »

I was going to ask how much space do you actually need, then I got surprised!!!

Its worse than that indicates which is bad enough

The UK is actually decreasing its residential floor space per capita!!!

Whereas France china canada etc are increasing theirs

cells

ukcarper wrote: »

No idea but if you look at the price of a 2 bed semi bungalow in many areas they are not far short of a small 4 bed detached so the demand is obviously there. Probably more profitable to cram in Small terraced houses onto a site.

The demand is limited for bungalows and supply almost non existent

For example in a normal town of say 200,000 if you build 500 bungalows in a year you will totally trash bungalow prices maybe towards the price of terrace homes which would be a substantial bungalow price crash whereas building 500 terrace homes wpuld probably hardly move the price of terrace homes in the town

imo there is little to no need for bungalows. Flats with lifts are just as good if the sound proofing (solid walls preferably) is good

ukcarper

cells wrote: »

The demand is limited for bungalows and supply almost non existent

For example in a normal town of say 200,000 if you build 500 bungalows in a year you will totally trash bungalow prices maybe towards the price of terrace homes which would be a substantial bungalow price crash whereas building 500 terrace homes wpuld probably hardly move the price of terrace homes in the town

imo there is little to no need for bungalows. Flats with lifts are just as good if the sound proofing (solid walls preferably) is good

If there is no need why do you think that they sell very quickly at prices approaching that of a house on the same plot size.

Your problem is you are imposing what you want on to what other people might want especially people like me who live in a house to large for their needs and can afford to stay put.