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Longinthetooth

Housing

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2008 will be seen as the year that the economic and housing tsunami hit planet earth. It would appear that the ferocious winds of artificial wealth perception is now subsiding and each country is left with the aftermath. Like any natural disaster, unless you have a lot of patience, you can't hang around to wait for mother nature to pick up the pieces. I can't see the 'global economy' coming to the rescue as like any parasite, they will be seeking a fresher host now the damage is done.

The knight in shining armour (otherwise known Sir Easycredit) is not going to come for a while and do we really want him anyway? He'll only end up eating your dinner, his horse will cr*p in your garden and he'll run off with your damsel in distress.

Seriously, now is the time to look at the problem from a UK perpective and take the opportunity to shake our system of housing provision from the roots up. Housing is a fundamental need. In a capitalist society it is not unreasonable that the better off have better housing but the provision and standard of social housing needs to be addressed - as well as its perception (I was brought up in a council house and have no issues as to the 'sort of people' who live in them). We need to reconsider how private housing is paid for and how to constrain equity funding secondary credit. Our snail like planning system requires overhauling to allow it to react to a rapidly changing environment. What does the panel think a wish list to HMG should consist of?

There was a time when the Housing Minister had a real place in government instead of a back room at the Department for Communities and Local Government. Perhaps now is the time to return to the front bench.

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There was a time when the Housing Minister had a real place in government instead of a back room at the Department for Communities and Local Government. Perhaps now is the time to return to the front bench.

To do what exactly?

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To do what exactly?

Re-inflate the housing market with more and more nonsense schemes.

I'm watching with interest the cost for shared equity schemes.

To what price do (normally) flats have to fall for a 50% share before the whole ridiculous scheme becomes pointless?

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To do what exactly?

At very least to formulate a national policy on future housing supply should present problems deepen. We have seen what happens when it is left purely to market forces. I'm not saying that we need overt central government control but encouragement of reverting to the concept of housing as shelter/living space rather than a vehicle for financial speculation would be a start. I would also suggest that there is a need to ease the worries of the countless thousands of households who must currently be worrying if they will have a roof over their head in twelve months time.

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  • 401 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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