Saturday, Aug 15, 2015

The New Dickensian Normal

RT: 55 people found crammed into 3 East London properties in ‘terrible’ conditions

Furthermore, some tenants may be forced to overcrowd properties because of the booming housing crisis in Britain.
Occupy London campaigner David Dewhurt told RT there will “continue to be cases like this” because the government “needs to keep property prices high to sustain the finance sector that funds the Conservative Party.”
The figures come after research by the Office for National Statistics (ONS) revealed there has been a surge in ‘overcrowded’ homes in Britain. Over 3 million people now live in a household with at least five other individuals.

Posted by debtserf @ 11:21 PM (5416 views)
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7 Comments

1. libertas said...

WTF to people think will happen when London gets 11 million people by 2025? They say 2030, but at this rate.

Given that the population was around 8m about a year or two ago, this will be more than a 25% increase in population for the city. So now, do you understand why I am sitting in a presently unloved suburb, waiting for prices to rise?

Nobody is willing to truly address this issue, and things like Crossrail 2 and all the tube upgrades are too little, too late.

Frankly, whilst officials can swoop on one or two cases, with the exception of Newham, which is hot on enforcement, most other Borough's simply do not have the resources to enforce against a literal wave of overcrowding. Even if we do enforce, where do the people go?!

Saturday, August 15, 2015 11:36PM Report Comment
 

2. taffee said...

Traditionally this turned reasonable areas into slum which trashed prices in the areas affected

Sunday, August 16, 2015 06:24AM Report Comment
 

3. hpwatcher said...

WTF to people think will happen when London gets 11 million people by 2025? They say 2030, but at this rate.

Not according to the predictions I have seen.Reverse is far more likely.

Traditionally this turned reasonable areas into slum which trashed prices in the areas affected

London is becoming a dangerous slum too, as the 'have-not's' become increasingly desperate as benefits are withdrawn or reduced.

Sunday, August 16, 2015 11:25AM Report Comment
 

4. libertas said...

hpwatcher. Do you seriously think London population will reverse?! Are you kidding me?!

The ONLY thing that could achieve that is if the UK economy went to put RELATIVE to Europe. Given that we have over a decade of pain whilst those economies integrate, I do not see Europe taking the UK's economic mantle for another 15 to 20yrs. By which time London will be the undisputed financial capital of Europe and will have anywhere between 10 and 15 million people.

Sunday, August 16, 2015 03:15PM Report Comment
 

5. hpwatcher said...

hpwatcher. Do you seriously think London population will reverse?! Are you kidding me?!

No, not at all.

By which time London will be the undisputed financial capital of Europe and will have anywhere between 10 and 15 million people.

That's entirely wishful thinking on your part, and quite naive. London as a city is simply not going to be able to scale up to meet that challenge; the infrastructure will simply prevent it. In any event, the high cost of housing is going to have a big effect on driving the [London] population down - the number has always fluctuated over the years - and it's probably not far off saturation point. It's already a fairly painful place to live due to the overcrowding.
I've seen an interesting report about the population, which is quite sober reading, which draws some interesting comparisons between falling population and falling economic activity. You yourself are always banging on about the effect that technology is going to have on jobs, which will essentially reduce employment further.

Moreover, Frankfurt is already beginning to unseat London, for many reasons, not least the fact that Sterling is likely to find it's position entirely marginalized as it gets pushed out of the international basket of currencies XDR further, in order to allow China to join - a far more sensible and influential member than the UK.

Sunday, August 16, 2015 08:26PM Report Comment
 

6. Ron Mk said...

A near instant (over 5 years) population growth of millions means you do not have time to plan for future housing needs.
If the national birth rate goes up then you have staged 5 yrs (Schooling), 16 yrs (job and perhaps housing) and 21 yrs (housing for sure) to get things in place (in theory).
The fact that the UK have neither the notice period, the will or the means to increase housing stock leads to this type of thing.
Nasty, real nasty. Its not good for a society at all.

I cant see the end of this, quickly to where do we go?

Monday, August 17, 2015 12:16PM Report Comment
 

7. reticent said...

"WTF to people think will happen when London gets 11 million people by 2025? They say 2030, but at this rate."

Predictions are for 10m by 2030.

I see London's population reversing at some point within the next 20-30 years. There is a lot of speculation as to why the rise of the internet has coincided with a rise in popularity for city living. The common take is that the rise of the knowledge-based economy makes knowledge centres more attractive. But London's population decline began reversing in the 80s, long before the internet took off.

Employers have barely scratched the surface of letting people work remotely etc. Flexible working for women returning from work is a relatively modern phenomenon, but women entered the workplace long before the digital revolution. These effects take a long time to sink in. The changing sands in holiday allowance, maternity pay etc., amongst tech firms is pretty revealing.

With 3D printing, the distance learning revolution, not to mention all the overcrowding, there's a number of trends coinciding to make cities less attractive.

The population of the UK has been growing, but that is due to increasingly unpopular immigration and a baby boom that just faltered. Immigrants tend to start out in London: if they manage to stem the flow of migrants any time in the next 15 years, they'll stem the growth in London's population before it hits 10m. In a few short decades, the majority of people on the planet will live in what will then be considered the developed world. It is highly unlikely so many people will be flocking to London when that is the case.

These things move in cycles. The global population keeps growing, but where people want to live is driven by changing trends. To think the population of London will grow exponentially until the end of time is unrealistic.

Tuesday, August 18, 2015 12:04PM Report Comment
 

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