Thursday, Feb 12, 2009
£750m for 1450 houses - thats a cost price of over 500k per house
Guardian: 'Super express' trains contract gives boost to British jobs
Government expects MASSIVE house price inflation - or they just can't add up!
Posted by matt_the_hat @ 10:51 AM (496 views) Add Comment
5 Comments
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1. James In London said...
Er... I don't get the bit about house price inflation. Couldn't see it in the article. Anyone care to explain it to my thick brain?
2. hash browne said...
I don't think the £750m is just on housing. It will include costs for demolitions, infrastructure & landscaping, plus extortionate fees to pointless consultants.
3. matt_the_hat said...
demolitions, infrastructure & landscaping - Are these not the costs any developer takes on - why does everything the government spend your money on cost 5 times that in private industry
4. hash browne said...
You'd be surprised by the costs involved over and above the actual building costs. (I'm a QS by the way)
You're right though, any government scheme that I've been involved with has wasted millions.
5. matt_the_hat said...
Sorry James in London my point was would you pay 500k plus profit to live at longbridge