Tuesday, August 21, 2007
Sharp practices by Britain’s house builders
A Dispatches program on a few weeks ago, but for those that missed it they have a web page up about it now. The program discussed: Common shoddy building. The fact that developers are only interested in building expensive and thus high profit margin properties (flash pads in fancy locations, high density). Little interest in schemes to encourage 'affordable' house building. Land banks and the myth that there isn't enough land to build on (though there may not be as much prime, highly profitable land with scenic country views as they might like). Corruption and collusion with councils and the like to seize profitable land for development (in one case compulsory purchase to knock down existing good homes). Etc. Confirming everything a cynic would expect from them really.