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House Price Crash Forum

behr

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About behr

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  1. Its hard to believe this but George Osbourne on this mornings Today programme (radio 4) announced that he approved of the banks paying the £6,000,000,000 mainly to its executive staff even though the UK govt and hence the taxapayer owns 84% of RBS which includes, Nat West etc. Taxpayer also owns more than 40% of Lloyds Bank and its associates eg. Halifax etc. So the public have had their interest stolen on a massive scale and this conservative govt eg Cameron and Osborne are allowing it to be handed over to bankers who often pay little tax. Good news for the London Property Market and Porsche showrooms!!
  2. So I am not sure what you are saying here. Is there a shortage of decent housing in the south east or not? If not then show me where your figures come from puhleeese! no one pays £350k for a crappy little 50's semi that has barely 1000 sq. ft. unless they have too - buytolet or not. I really would like to see how you guys who claim there is no shortage arrive at that conclusion. Where are your numbers coming from? furthermore it is daft to claim that local demand is wrong becuase of employment conditions. Either houses are wanted, needed and bid up by the laws of supply and demand or they ain't. Economics 101. behr www.buildmorehomes.org.uk
  3. So I am not sure what you are saying here. Is there a shortage of decent housing in the south east or not? If not then show me where your figures come from puhleeese! no one pays £350k for a crappy little 50's semi that has barely 1000 sq. ft. unless they have too - buytolet or not. I really would like to see how you guys who claim there is no shortage arrive at that conclusion. Where are your numbers coming from? furthermore it is daft to claim that local demand is wrong becuase of employment conditions. Either houses are wanted, needed and bid up by the laws of supply and demand or they ain't. Economics 101. behr www.buildmorehomes.org.uk
  4. possibly but that would be splitting hairs when you think there could be 10 houses per acre, so 300 or £600 per plot makes little difference to the principle of selling land off in a controlled way and barring speculation by imposing strict resale conditions.
  5. Thanks Senior Veteran, nonfrog doesn't seem to understand the state of housing in the south east or he would realise that little 1000' semis could only sell for £350k a pop if there was a shortage! Perhaps he ought to come and take a look, the high price is a function of the supply demand balance. By building on green belt and there is plenty of it around london the problem could be solved. Also he doesn't seem to appreciate that good and bad design doesn' t isn't necessarily hugely more expensive although granted it can be. behr
  6. yes figures see www.buildmorehomes.org.uk - facts tab. we need to stop houses being used as speculation vehicles and ensure we all have decent affordable houses to live in which can very easily be done if the green belt restriction is relaxed a little bit - just 1% of Britain is a huge amount of space and if planning is good and design is good then lets go for it.
  7. As to OP I think you jump to erroneous conclusions. No I am not builder. Simple facts are that our housing stock is poor and absurdly expensive because it is artificially jacked up - this can be prevented and righted by releasing just 1% of the green belt. Style and design of housing is another matter altogether, in other words how pleasantly that land is or isn't used is important. You can build beautiful houses for the same cost as "shitty rabbit huts", just as you can build whole villages complete with schools and hospitals and shopping areas. Why do you attempt to confuse us all with you assertion that all building is bad building?
  8. I am trying to focus on one aspect of things because one of the major contributing factors to the house price boom has been the shortage of supply of new houses, in turn this is due to green belt policy, just ask those involved in planning applications. You may be right about economic causes, however ending the shortage of houses can only be a step in the right direction, nothing vain about that.
  9. yes but don't you see ... the effect of announcing building 12,000,000 new homes on 1% of greenbelt, see - http://www.buildmorehomes.org.uk would have on existing "empty property hoarders". My guess is that they would quiclkly stop, hoarding, no need for a tax just increase supply of potential sites fairly dramatically and the market will begin to address the bubble. We have to remove the artificially imposed "shortage of buildable land". As for self builders of which I have been involved, the problem is the price of a plot which in the south east frequently exceeds the build cost as you most probably know. Its not about lauching a programme of mass building, its about freeing up land and modernising the green belt act which controls everything. behr
  10. see the facts started on www.buildmorehomes.org.uk, surely we have to do something about this? behr
  11. yes I think lots of people miss the point. the credit boom was part of the problem. In the USA where prices are have fallen back to below build cost in many places e.g. florida where you can buy a nice 3 bed for under £70k - why did they fall back? because there was a plentiful supply unlike the UK which has a tight supply and so artificially maintained high prices.
  12. supply and demand, house prices are high because too many people need to pay a high price to get one no matter how they finance it - Look at florida and USA where house prices are less than build costs, not 5 times build costs! Same credit bubble but excess supply so no inflated prices anymore. And yes, I am talking about full infrastructure, including hospitals, schools, amenities etc. its a better use of funds than bailing out banks or propping up Financial Services. We need to start somewhere.
  13. Thanks for your support, so how do we get started. I have some funds and have registered a website - any ideas about where to go from here?
  14. yes I know about the law, and I also intend to change it, hopefully with support from people who can also see the benefit of making a start. So come lets get something started rather than adopt a defeatist approach.
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