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House Price Crash Forum


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About opt_out

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    HPC Regular
  1. Why does he keep resigning and being re-appointed?
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    I'm not entirely sure I understand life

    The mass of men lead lives of quiet desperation. - Thoreau Not me, I like it. - Keith
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    Restaurant chains suffering?

    I had excellent Fish & Chips, and beer, at Wetherspoons Bodmin this summer. Nice building as well.
  4. Is eviction notices the best way to go about selling up? Does this mean he thinks he is going to sell them to homebuyers, having failed to find anyone who wants them for rental?
  5. No need for govt to micro manage the builders, an environment of Land Tax plus keep making land available for building will get the result you want.
  6. That is the best solution, it's called Land Tax.
  7. If your driving is as good as you think it is, then the super driving AI that I want installed in your car won't ever take any action. You've got a point about edge cases, but that can be coped with, the important thing would be to take action against all the clear cases of unsafe behaviours. I see the purpose of the road system as providing safe transport from A to B, not to provide you with pleasure. So any conflict between those, you'll have to find a new source of entertainment.
  8. What do you find so obnoxious about enforcing good driving standards on everyone?
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    Rare Landlord prosecution

    Ouch, looks like she is losing all her BTL profits. Although it does seem to be due to her over-arching refusal to engage with the law, rather than because she rented beds in sheds particularly.
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    Social housing - how would you do it?

    I don't see any particular need for govt owned and allocated housing as I believe the market would work OK if there wasn't a restriction on the supply of building plots. I'd be happy with state involvement at the top level planning, eg decide where to build a new town, compulsory purchase the land, put in the major roads, designate the commercial areas, sell building lots ranging from single house plots to larger areas for eg 100 houses, sell Shopping Mall plots of various sizes. This should be a big earner for the state at least until building plot prices return to a sensible level, which they will do as long as they continue to be made available.
  11. Where can I bet on the UK House price Indices ? Anyone having a punt? What are the odds saying at the moment?
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    Landbanking Under Fire

    This is good news. What matters is that more plots are being made available, that's the single most important factor. You can't expect builders to instantly ramp up production. https://interactive.guim.co.uk/charts/embed/oct/2018-10-25T10:23:51/embed.html If after a few years it turns out that big developers are still not ramping up, then we can start moaning. But as long as the Govt signals that more plots will be released, it would be dumb to land bank.
  13. All the Govt has to do is start releasing building land (preferably to small builders and individuals) at reasonable prices. That'll clear the big builder/land banking blockage. But I don't want to see the (now smaller) windfalls going to the landowners as it does now. I want to see it go into the public coffers. The problem is: solving the housing crisis means lower house prices. And I'm not sure any party has really come to terms with that.
  14. This weeks random special flowers in need of taxpayer largesse: Long term tenants and (especially) their Landords. What makes them more special than short term renters, God only knows.
  15. If you think prices are likely to fall soon you want to get the sale done ASAP, not to get trapped into a downward spiral of reducing offers.

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