Friday, Jun 29, 2007
Build our way out of this crisis? No chance
Firstrung: 70,000 affordable homes per year over the next three years and beyond needed to tackle housing crisis
"The big housebuilders are sitting on enough land to build 225,000 homes; an area the size of Southampton. In the current housing shortage this is unacceptable." - David Orr, chief executive of the National Housing Federation
Posted by converted lurker @ 11:29 AM (46 views) Add Comment
5 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
1. harold said...
More tosh from the developers friends.
2. mattpascoe said...
Housing shortage my a**, if that is the case then why are bottom of the ladder homes sitting for sale permimently on the market? By building more houses there will be a massive influx of properties to buy once the market starts to fail, much like the early 90's. It is nothing more than an excuse for developers to line thier own pockets with high house prices as a carrot.
There is no housing shortage, only affordable house shortages, there is a difference.
3. mrmickey said...
There is no shortage of properties only a shortage of affordable properties, once the housing market crashes that problem will be solved, people will then buy properties to live in not as an investment.
4. Papabear said...
Put another way: there is no shortage of properties, only a shortage of properties *for sale* (at reasonable prices) due to BTL speculation + people not being able to move up the "ladder" due to high prices
5. enuii said...
Here, here, everyday I drive past block after block of 33% occupied new-build apartments if the spiv developers built properties that people actually wanted instead of trying to makes the greatest amount of profit off the smallest ammount of land we would not even have an issue worth discussing here.