Jump to content
House Price Crash Forum

Tired of Waiting

  • Posts

  • Joined

  • Last visited

Everything posted by Tired of Waiting

  1. I meant just the planning permit really, before any utility is brought to the land. The value goes up x100. Besides, for an acre bordering or near a village/town/city it doesn't cost much to link services to the existing infrastructure. We don't need to build huge estates in one go. We should allow a more organic growth, just a little, but everywhere, surrounding existing housing - probably like what you have over there in Switzerland, no?
  2. I agree, i think, but IIRC the US also dropped their IRs around the same time, no? Back to the GBP/USD, it doesn't look too high on a 10 years chart: http://uk.finance.yahoo.com/echarts?s=GBPUSD%3DX#symbol=;range=my;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined; .
  3. Let's keep in mind that rural land costs just £10k to £15k per acre, enough for 10 to 20 houses. It's our planning blockage that makes building plots so rare and consequently so extortionately expensive. That same acre with planning permission for those 10-20 houses would go up in value from those £10-15k to around £1 million - or double that in the SE.
  4. The best thing about a LVT: I went to London a few months ago and, in very posh area, I saw derelict house, boarded up. If we had LVT the owner would be paying a fortune for that land, and would be hard pressed to use it, well, or sell it. Same thing across the whole country: use it, well, or sell it to someone who will use it properly. A LVT will reduces land waste to very low levels. I can imagine the difficulties of evaluating all land in Britain, but someone mentioned here that other countries manage that. A first step would be to research how they do it. .
  5. That would be a very good start. But we would still need more land allocated for housing in the SE, and IMPO preferably thinly spread, around all existing villages, towns and cities, instead of a few large estates.
  6. What a moron. If the planning system is liberalised his company goes bust in a few years. Only Britain has this absurd market concentration, with just a handful of building companies responsible for most of the market. In countries with liberal planning systems small builders and even individuals can easily out-compete big bureaucratic companies with huge over-heads. But here only these huge companies can break the planning block. Our planning system in effect protects these big builders from smaller, nimbler competition.
  7. That's an email ready to be sent to the BBC. Very good one TMT.
  8. Very tragic story. I understand there is an inquest about it. There was probably other causes for her extreme behaviour. Until the inquest is published we can't know for sure, and until then I think you shouldn't use her personal tragedy to base your argument. But I do agree with your premise (if I understood you correctly), that the root cause is a housing shortage. As I wrote above, we shouldn't keep robbing Paul to house Peter, we should instead liberalise planning, allowing 100s of thousands of individuals and small local building companies to build more homes. IMHO we could solve the shortage in 3 years, building a million homes, mainly the SE, say some 300k/year. .
  9. I understand the scepticism about it, but I think it's still worth a try. We must send our criticisms. This debt-asset bubble is obvious since at least 2002 or 2003, and the BBC still hasn't understood or explained that to the population. This is ... (I don't have words good enough to describe this sh!t, sorry). We MUST complain. It's not the BBC role just to tell the people what they want to hear. The BBC is supposed to research and tell the truth! (The fecking incompetent [email protected]! Sorry.) And we must include facts, data, and not only our opinions, and expletives... ( as tempting as it may be. ). Or, if/when we feel an irrepressible need to vent our anger, then perhaps we could send it on a separate email?
  10. I saw the BBC's advert for that show, and it "ain't" promising... Instead of the normal route, in a normal country (chose a plot amongst hundreds in your desired area, and hire an architect and a builder), the BBC goes instead for the "nutters" stereotype. The advert for the show starts with a series of hapless amateurs DIYing and blundering about, one crying, another running out of money (to the last few coins), others almost injuring themselves with a heavy machine, an older man obviously "eccentric", etc. Do not hope for too much. Besides, the main bottle neck is the planning system favouring big builders, in detriment of self and small local builders. I doubt the BBC will deal with that appropriately, if at all.
  11. Building costs table (for a serviced plot): www.homebuilding.co.uk/system/files/Build_Cost_Table_August_2013.pdf It includes 5 variables: "Build route": (DIY + Subbies) , (Subbies) , (Builder/Subbies) , (Main Contractor) Standard: Standard, Good and Excellent Storeys: single or two Size: >90m2, 91-160m2, 161m2+ Region of the country: Greater London / South-East / NW, SW, East & Scotland / Mids, Yorks, NE & Wales In my case I would have to go for: a small, standard, 2 storey, SE. I can only chose between main contractor = £1089/m2, and Builder/Subbies = £1034. But this is all pointless, as there are virtually no serviced plots for sale in this country, thanks to our fecking planning blockage.
  12. And these girls are victims too, perhaps the main victims, as many end up as single mothers, struggling to find partners, affection, ... it's a long story. I can't write more now. And it's too depressing.
  13. Great link Goat. I was going to comment on the same distortion, a bulge above the age 20. BTW, similar to Romania's!, but very different from France's! France has more immigrants than we do, and yet their birth/age chart is an almost perfect bell curve (page 4 on Goat's link). It is our benefits system and housing shortage that perversely incentivises some teenage girls (particularly those with fewer good options, such as going to uni, or a good job/career) to have babies too early. Tragically the opening scenes of Idiocracy does reflect reality, if exaggerated (a bit) for comic purposes. .
  14. + 1 We should focus on the fact that "paying down the debt" is factually untrue. If we are very precise, focusing on the factual mistake/lie of this phrase (which they use A LOT!), and pointing out that lying to (or "misinforming"? ), the viewers contravenes the BBC's charter, then just a few emails may suffice. Who knows. Besides, it will take just a few minutes.
  15. I heard it too. Unbelievable. Susanna Reid said it, but she was reading from the autocue. The question becomes, was it a mistake by some backstage stupid rookie, or was it written by the editor? But then, less than a minute later, a surprise in the opposite direction, Danny Alexander makes clear that they are reducing the deficit, and even explain that it is the difference between what the government earns and spends! I'm confused now.
  16. Regarding "artificially increase demand", of course this is also a problem (see under my avatar), but Labour did that too, the root cause being the fact that the majority of voters are older and property owners, and do want their houses "value" to keep going up, sadly. Regarding your 1st paragraph, really very strange language there, and I really don't know what you meant, sorry.
  17. You mean 100 m2 of residential land in Chelsea should be taxed the same amount as 100 m2 in a council estate in Northern England?
  18. At first I thought your suggestion was good, as it would simplify the valuation issue. But Council Tax bands were set on a similar way, and the main problem will surely repeat iself if we allow politicians to set the bands: regressive tax, with lower percentage rates for more expensive properties, like Council Tax now. I would bet anything the same problem would occur if we let politicians set the bands. I think it is better if market values were used and the same rate, same percentage (say 1%/year?) applied across the country. I'm not even sure if agricultural land or pastures should receive distortive "protections". .
  19. I guess you don't mean the same the same tax/area (say per acre) in London and in Northern rural England, right? But instead the same (v high) rate across central London, then a cheaper rate for outer London boroughs, and cheaper still farther out, etc? Similar process for towns, villages, cities, land, etc?
  20. Yes, the VI media will spin against it as much as possible, of course. It's not even an official policy proposal, not even for this parliament, and from the LibDems!, and the Telegraph and Express are already reacting v strongly against it! What do you mean by a "flat rate tiered land tax"?
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.