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Saving For a Space Ship

Affordable land would mean affordable housing. Here’s how we get there

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Affordable land would mean affordable housing. Here’s how we get there

https://www.theguardian.com/commentisfree/2018/oct/23/homes-affordable-land-councils-developers-lease-individuals

Quote

...Lord Porter, the chairman of the Local Government Association, has proposed to “set forth a million builders” by giving residents a role in the design and construction of council-built homes. It’s the latest sign of a radical common sense that is slowly making its way into housing policy, but if government truly wants to unlock the “citizen sector”, there’s an easier way.

Slowly, all the political parties are now waking up to the realisation that private developers will never build the number or quality of homes that Britain needs. This is not because developers are just greedy or immoral – it’s because their business model is perfectly designed to make sure they have no incentive to do so. No amount of subsidy or regulation will change that.

A new consensus is emerging that, once again, it will be councils who will have the lead role in tackling housing need. And with greater power to borrow, they will be able to...

 

Edited by Saving For a Space Ship

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I’ve fixed the article..

Slowly, all the political parties are now waking up to the realisation that private developers will never build the number or quality of homes that Britain needs. This is because developers are just greedy or immoral

 

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1 minute ago, macca13 said:

I’ve fixed the article..

Slowly, all the political parties are now waking up to the realisation that private developers will never build the number or quality of homes that Britain needs. This is because developers are just greedy or immoral

 

Corrected!

This is because developers are just greedy and immoral

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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.

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Labour don't want to fix the housing crisis. in electoral terms it is the best thing to happen to them in half a century - which is why they worked so hard to cause it. Labour might build a lot of council and association housing (for lifelong rent, in marginal constituencies and rammed full of loyal Labour voters) but expect every attempt to build houses for owner-occupation or increase owner-occupation to fail just as thoroughly as every other effort for the last forty years

Conservatives cannot fix the housing crisis. Much as they need a certain level of owner-occupation to win elections (absolutely essential) they cannot risk offending their current electoral base and are left with the utterly impossible task of creating more home-owners at current prices.

 

Articles like this aren't useful since they perpetuate the notion that this all happened by some sort of accident and that those in power (who caused it) are trying to fix it and just can't think of a way!

 

Edited by Oki

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15 hours ago, Saving For a Space Ship said:

And with greater power to borrow, they will be able to...

Great news, so on top of their £4bn debt in commercial property from last year alone, now they can prop up the residential market too. There is no supply problem, just an affordability problem caused by excessive lending.

This site has a lot of Labour propaganda recently, it doesn't feel very natural.

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13 hours ago, Oki said:

in electoral terms it is the best thing to happen to them in half a century - which is why they worked so hard to cause it.

A gift indeed, but I personally wouldn't say they caused it intentionally to build a future voter base as politicians can't/don't need to look beyond the next GE - conspiracy theories often credit people with too much ability.🤔

They won't fix it, as they will desire loads of public sector employee involvement, as Oki suggested. 

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  • 144 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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