The Masked Tulip Posted September 2, 2010 Share Posted September 2, 2010 Re thread title. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted September 2, 2010 Author Share Posted September 2, 2010 Actually, it seems IMPO like a big advert for houses builders and, as it is talking about an affordability issue, it looks like an item they put together believing that the Nationwide index would be up today? Quote Link to comment Share on other sites More sharing options...
headrow Posted September 2, 2010 Share Posted September 2, 2010 What does IMPO mean? Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted September 2, 2010 Author Share Posted September 2, 2010 A complete non story - they are tripping over each other IMPO and trying to make a story out of nothing. It, again IMPO, just seems so obvious that they were banking on hooking this story around rising house prices and a lack of homes... but - are you listening Channel 4 News - house prices are about to crash!!! Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted September 2, 2010 Author Share Posted September 2, 2010 What does IMPO mean? In My Personal Opinion. Quote Link to comment Share on other sites More sharing options...
rented Posted September 2, 2010 Share Posted September 2, 2010 Quote from (Grant Schapps?) saying that not building enough would have dire 'social and economic consequences' and lead to even more dangerous housing booms and busts. More dangerous? Quote Link to comment Share on other sites More sharing options...
tinker Posted September 2, 2010 Share Posted September 2, 2010 Was that it? I was at a meeting the other night discussing some Planning Strategy, initiated pre-'credit crunch' and not revised, but still talking in terms of 'affordable housing', i.e., having a percentage of lower cost homes on developments and shared equity schemes. Annoying, that plans to hang around for the next 15 years still talk in terms of interfering in the market and propping up over-priced houses. Just realised no-one will read this now! Quote Link to comment Share on other sites More sharing options...
Si1 Posted September 2, 2010 Share Posted September 2, 2010 Was that it? I was at a meeting the other night discussing some Planning Strategy, initiated pre-'credit crunch' and not revised, but still talking in terms of 'affordable housing', i.e., having a percentage of lower cost homes on developments and shared equity schemes. Annoying, that plans to hang around for the next 15 years still talk in terms of interfering in the market and propping up over-priced houses. Just realised no-one will read this now! but isn't fine detail od meddling planning policy dependent on there being many public sector planners requiring work to do? won't this just get forgotten in a filing cabinet somewhere once the staff are downsized? Quote Link to comment Share on other sites More sharing options...
campervanman Posted September 2, 2010 Share Posted September 2, 2010 Interesting correlation. 2007 housebuilds highest for 15 years. So high number of new house builds = high prices and builders only build when they can rip off house buyers. Quote Link to comment Share on other sites More sharing options...
tinker Posted September 2, 2010 Share Posted September 2, 2010 Interesting correlation. 2007 housebuilds highest for 15 years. So high number of new house builds = high prices and builders only build when they can rip off house buyers. It's obvious really, the higher the price the more the builder want to build, the more unaffordable, the more shared equity/subsidies and the lower the interest rate needed. It was noticeable that once the crash happened, planning applications and land banking shuddered to a halt - a bubble driven by speculation. The market wasn't functioning properly, and perhaps if fantasy prices are gone and not propped up, then land values will fall and houses can still be built at a modest profit for those that need and can genuinely afford them. Quote Link to comment Share on other sites More sharing options...
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