Tuesday, Jan 13, 2015

Good summary IMO

BBC News: Why can't the UK build 240,000 houses a year?

In 2007 the Labour government set a target for 240,000 homes to be built a year by 2016. The UK is nowhere near that. Why?
For decades after World War Two the UK used to build more than 300,000 new homes a year. Recently it's managed about half that.
The country is facing up to a housebuilding crisis. A decade ago, the Barker Review of Housing Supply noted that about 250,000 homes needed to be built every year to prevent spiralling house prices and a shortage of affordable homes.

Posted by reticent @ 12:47 PM (2821 views)
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1. Captblack said...

As usual from BBC - completely supply side. Not interested in discussing where the increasing demand from housing is coming from and who are buying the properties.

Tuesday, January 13, 2015 02:29PM Report Comment

2. sneaker said...

Latest update on London insanity: two-bed, new-build, north-facing, apartment on the edge of Kensal - 800 sq ft. Yours for 900 grand. Well, that's what they want for it...

Tuesday, January 13, 2015 04:11PM Report Comment

3. reticent said...

@1 As usual from everywhere except maybe the Guardian, surely?

@2 keep up sneaker, Kensal is part of Notting Hill now. The EAs decided that Notting Hill had expanded beyond the Westway some time in mid-2013. I suppose it was only ever a matter of time.

Tuesday, January 13, 2015 05:00PM Report Comment

4. Ahab said...

@1 - yes.
Insufficient housing would be more clearly described as insufficient housing for the given population.
So, one solution is to build more houses, but the UK is unable to build sufficient housing.
The other solution is to reduce the population. Not everyone is a refugee, some have simply taken a chance, and chance doesn't always work out.

Tuesday, January 13, 2015 11:01PM Report Comment

5. enuii said...

@1 If I remember correctly, 2 weeks ago The Times published statistics that of the 2.9 Million new homes built between 2000 and 2013 2.5 million were sold to the Private Rented Sector. There lies you answer, we don't actually need more houses they are just in the Wrong Hands i.e. wrong form of ownership.

Wednesday, January 14, 2015 07:29PM Report Comment

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