Wednesday, April 6, 2011

Build now, pay later..

Housing minister launches scheme to boost housebuilding

Up to 40% per cent of land suitable for housing development - is "sitting idle" in public sector land banks, according to Shapps. It is estimated that making this land available owned by central Government alone could help developers build more than 60,000 new homes over 10 years.

Posted by uncle tom @ 09:54 AM (1025 views)
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8 thoughts on “Build now, pay later..

  • Are we going for the chinese model of vast empty areas.

    The market has to be seen as doing something or going somewhere.

    Silence and stagnation is not acceptable for some.

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  • How about sticking some money into improving the economy and saving some wasted money that’s being frittered away on needless wars.

    Austerity, my arsenal.

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  • mark wadsworth says:

    They are truly mentally ill.

    60,000 divided by 10 = 6,000, if that’s 40% of “land suitable for housing” then they seem to think it’s normal for a country of sixty million people and a population which is growing due to longer life expectancies* to build 15,000 new homes a year.

    * The fastest growing segment of population is over-60s. The number of 0 – 18 year olds has been more or less flat for sixty years; the number of 19 – 59 year olds is up by 5 million and the number of over 60s is up by 10 million.

    Hurray for the New Localism.

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  • MW,

    Strange numbers, I agree; but you can’t accuse GS of doing nothing..

    ..me, I have a VI in that I own three acres of brownfield land that can’t currently be developed for housing as it lies in the Cambridge green belt..

    ..I’m reminded of what Churchill once said of the Americans – ‘You can always count on Americans to do the right thing – after they’ve tried everything else..’

    – I know what I think is the right thing, meanwhile GS is keeping busy trying everything else!

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  • mark wadsworth says:

    UT, not clear – do you want to have houses built on it or not?

    And as a matter of logic, how do you end up with brownfield land in the greenbelt – if it’s brown then it must have had buildings on it, but if there were buildings on it, it wasn’t Hallowed Green Belt, or did it revert to Hallowed Green Belt once the buildings were/are demolished?

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  • “UT, not clear – do you want to have houses built on it or not?”

    Given that would increase its market value six fold – what do you think..??

    “And as a matter of logic, how do you end up with brownfield land in the greenbelt”

    Greenbelt is a geographical area that includes villages, farms and factories. Much of the M25 is technically greenbelt

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  • the UK doesnt have a housing shortage, it has overpopulation, due to a non existant border and benifits that encourage the wrong sort of people to have multiple kids with multiple partners. one guy i work with says his girlfriend lives in a 5 bed house and hasnt paid a Gas or Electric bill for about 5 years. on top of that her mortgage is being paid by SMI.

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  • 7. Cypher007

    She should send her current CV to Goldman S.

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