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MattW

Labour Unveils Plan To Give Local People A Leg Up The Housing Ladder

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http://www.theguardian.com/society/2014/oct/16/labour-plan-help-local-people-housing-ladder

Local councils will get powers to give local first-time buyers priority access to purchase new homes as they go on sale under plans being presented on Thursday by the Labour-commissioned Lyons review into the future of housing.

In the wake of UKIP's recent success Labour suddenly remembers how important it is to work for existing British Citizens who can vote -not against them.

Seems like a promising idea to me. And if Labour doesn't win power next year then it will be a good one for another party to steal! :ph34r:

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A housing estate in London. Local people would be given priority in buying new homes in their area under a new Labour scheme. Photograph: Philip Toscano/PA

Might be wrong but that looks like the Barbican?

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Promises promises - it's the LibLabCon.


Lyons will propose that powers for as many as 500,000 homes over a parliament could be built in new garden cities and garden suburbs.

So that would be 100,000 new homes a year and that's no more than the current rate of building - where are they going to be built. It's all smoke and mirrors

_54388267_housebuilding_464.gif

Note: Chart Reference.

http://

news.bbcimg.co.uk/media/images/54388000/gif/_54388267_housebuilding_464.gif

Edited by billybong

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Promises promises - it's the LibLabCon.

So that would be 100,000 new homes a year and that's no more than the current rate of building - where are they going to be built. It's all smoke and mirrors.

Yes. This made me laugh. The libdems pimping their latest pet project, the 'varsity line'. A railway running from Cambridge to oxford. Their 'garden cities' are actually expanding existing towns like St neots along the proposed line. They even said if the locals don't want this new housing (when do the 'locals' that are already there ever want new housing!?) they don't have to have any, but in return, they wont get a train stop at places which decline to be enlarged.

Serveral things.

No one other than a few academics who could never be bothered to take a driving test want a line between Cambridge and Oxford.

Cambridge has far more economic links with neighbouring cities like Peterborough than it does with oxford

The local expanded towns are commuter dormitories for Cambridge. They couldn't care less about getting to oxford. They want to get into Cambridge more quickly!

The libdems really are pathetic if they would actually spend billions on building the line, and then prohibit local towns along that line from accessing it because locals didn't agree to houses, thus limiting the available demand for the line even more so than it already will be. Its infantile.

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another week, another scheme.

No schemes are needed.

Just remove the props and stimulus, and when prices fall, first time buyers will be able to afford to buy existing houses, currently owned by BTL landlords the banks.

Edited by Bruce Banner

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No schemes are needed.

Just remove the props and stimulus, and when prices fall, first time buyers will be able to afford to buy existing houses, currently owned by BTL landlords the banks.

This is a genuine question, how much of the UK housing market is rented as a percentage?

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No schemes are needed.

Just remove the props and stimulus, and when prices fall, first time buyers will be able to afford to buy existing houses, currently owned by BTL landlords the banks.

The "labour" wing of the liblabcon will never allow the market to naturally correct itself, they have far too much skin in the game themselves to allow your family the basic decency of an affordable, secure home to raise a family in, especially while they have so many BTL's, you and yours will be the renting drones they need to keep themselves and their families in the luxury they have become accustomed to for the last few decades.

That is until the inevitable civic disorder and reset, then all bets are off.

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This is a genuine question, how much of the UK housing market is rented as a percentage?

http://www.ons.gov.uk/ons/rel/census/2011-census/detailed-characteristics-on-housing-for-local-authorities-in-england-and-wales/short-story-on-detailed-characteristics.html

Of the 23.4 million homes (or households) in England and Wales on census day in March 2011, 15 million (64 per cent) were owner occupied and 8.3 million (36 per cent) were rented.

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The "labour" wing of the liblabcon will never allow the market to naturally correct itself, they have far too much skin in the game themselves to allow your family the basic decency of an affordable, secure home to raise a family in, especially while they have so many BTL's, you and yours will be the renting drones they need to keep themselves and their families in the luxury they have become accustomed to for the last few decades.

That is until the inevitable civic disorder and reset, then all bets are off.

That and labour NEED housing to be unaffordable so they can propose a monstrous government intervention to 'help' all those people prevented from housing themselves due to, er, government intervention like planning and bankster support. Labour is nothing without a client class.

Edited by Executive Sadman

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Apparently at the end of the year the government’s Elphicke Review will report – which focuses on the role of councils in particular.

Local councils currently build about 2000/3000 new homes per year. So even a doubling of their output would still amount to next to nothing (although a bit better than nothing).

Edited by billybong

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The Lyons Review document

http://www.yourbritain.org.uk/uploads/editor/files/The_Lyons_Housing_Review_2.pdf

Well worth a look. h/t Jules Birch for posting the supply numbers.

It's very clear that the market is completely broken re supply (numbers are in the opening summary) Last year we built 109,000 homes when 243,000 p.a. are needed to match household formartion.

Jules Birch @jules_birch 21m21 minutes ago

Who will deliver the 200,000 homes in England by 2020? Here's the Lyons Review housing delivery grid

B0ECFMTCUAAFAar.jpg

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And when I'm forced to get on my bike and look for work in another local authority, I'm guessing I'll no longer be 'local' enough for this scheme.

How many years residence makes you a 'local'?

Why are politicians obsessed with picking out favoured demographics and giving them handouts? If there aren't enough houses just build more. If houses are too expensive ensure they are cheaper. For the government to give some lucky people cheap houses while others are still at the mercy of a rigged 'market' is just perverse.

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No schemes are needed.

Just remove the props and stimulus, and when prices fall, first time buyers will be able to afford to buy existing houses, currently owned by BTL landlords the banks.

Fails the common sense test. There aren't enough houses. It's like playing musical chairs with 100,000 too few chairs p.a.

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The Lyons Review document

http://www.yourbritain.org.uk/uploads/editor/files/The_Lyons_Housing_Review_2.pdf

Well worth a look. h/t Jules Birch for posting the supply numbers.

It's very clear that the market is completely broken re supply (numbers are in the opening summary) Last year we built 109,000 homes when 243,000 p.a. are needed to match household formartion.

Jules Birch @jules_birch 21m21 minutes ago

Who will deliver the 200,000 homes in England by 2020? Here's the Lyons Review housing delivery grid

B0ECFMTCUAAFAar.jpg

Who will fund 200,000 homes? Especially when deflation looms.

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That and labour NEED housing to be unaffordable so they can propose a monstrous government intervention to 'help' all those people prevented from housing themselves due to, er, government intervention like planning and bankster support. Labour is nothing without a client class.

Exactly, well said. The state/client relationship is the lifeblood of the new labour/liblabcon/goverbankment (or whatever they have rebranded to these days), the intervention will justify their own reason to exist so they can...intervene. Rather than the obvious course that a party should take, in the case of labour, if they have the interests of the working people at heart, like build more socially owned homes so low earning people can live securely without the landlord class farming them like cattle. They can't have that, secure people don't want to live off the state and don't live in fear of being independent, they are nothing without the power our fears give them. It's all rather obscene and wicked when you think about it.

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Fails the common sense test. There aren't enough houses. It's like playing musical chairs with 100,000 too few chairs p.a.

Applying common sense I fail to see hundreds of thousands sleeping on the streets.

Certainly it is necessary to build houses but the main problem is one of affordability, not supply.

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Even so if they get elected and if they do go along with the Lyons Review they're only going to achieve a rate of building of 200,000 new homes per year by their last year in power (2020 assuming a five year Parliament) so they'll not be averaging that number over the 5 year period.

Maybe they'll average about 170,000 per year which is only about 10,000 per year more than when NuLabour were in power and when house prices started to go haywire.

That would total about 850,000 new homes by 2020. It's not that amazing or anything.

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they really should remove the tax break for BTL so these IO mothers are having to compete on the same basis for loans.

If BTL buy all the starter homes, then just where are the deposits coming from for second rung movers?>..they will have been renters.

BTL en mass as the preferred means of mortgage provision is a total wedge in the system as a whole.

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