Wednesday, July 18, 2007

If the pop is growing and we are short of houses why are schools closing?

Nation braced for school shake-up

The bit about 8000 empty places, this article puts the BS about a shortage of housing in a different light... if schools are closing and population is dropping why are we short of houses? Can anyone give some real evidence our population is growing?

Posted by mark @ 01:41 PM (463 views)
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6 thoughts on “If the pop is growing and we are short of houses why are schools closing?

  • Maybe more people are emigrating to better countries?

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  • dohousescrashinthewoods says:

    Good call – rents static, schools closing, I think supply shortage it’s a myth. So why is Gordon talking about building more?

    Those half a million Poles are all sharing a single one-bedrom flat (exageration acknowledged). Besides, with all this co-buying going on, surely there must be downward pressure on household formation.

    Quite clearly speculation, not fundamentals, that has driven prices.

    And when speculators move on, as surely they must be, now that properly as an asset class is returning less than cash (except in Londonovskistan), it is game over.

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  • This is Wales, everyone who can moves out of there as soon as possible and nobody moves back there. Plus there aren’t many articles talking about crippling housing shortages in Wales, it’s more of a London and South East (where people want to live) issue than a Wales (where people don’t want to live) issue.

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  • Benedict

    you could not get this more wrong!!!!

    I don’t know about London but there are certainly plenty of schools closing all over the south east too. Hertfordshire, Essex, Kent, Sussex all have massive school closure programes. The real reason for school closures is lots of older couples still in family homes, but the kids left years ago. These people are in the age range 60-80, what do you think is going to happen to them over the next 10 years? I would bet that many (if not most) will trade down or go into care. The real housing problem is OVERHOUSING of the baby booomer generation. It’s a demographic time bomb that will shortly explode in the property market.

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  • Go to Wales, Benedict, and try to buy a house (like I did in January) There is very little on the market. All gone to second home owners and BTLs. They’ve shut the place down and destroyed the communities. Same thing has happened to whole Cornish villages. There is no shortage of housing just greedy people and ridiculous lending policies.

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  • I’m just about to move over the border to Wales (renting). I rather like it, does that mean I can buy a house cheaply there soon?

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