Monday, April 16, 2018

@£125 a square foot!

Prefab houses off the production line

Average UK home of a (embarrassing) 993.5 sq feet is therefore going to be under £125k. What justification is there for anyone to have to pay many, many times that when a plot of agricultural land can be acquired for a few grand? What would at least make things a little more competitive is if the land seller and builder were decoupled. So Mr Rentier could provide standard sized plots for sale for £lots and then the buyer could choose from a panel of say 5 manufacturers. Then Mr local government could say to Mr Rentier that'll be £ to provide all the infrastructure that the value of your plot is derived from.

Posted by mombers @ 03:30 PM (3294 views)
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3 thoughts on “@£125 a square foot!

  • I’ve said for years that that £140m apartment in Knightsbridge (£10,000/sq ft) could drop 90% and still be expensive.

    I just didn’t expect it to take this long or the target to be even lower.

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  • This is how it works in Germany (I was viewing plots this weekend).

    The town picked the development land (ex farmland), you buy a plot, then build whatever you want (inside of the development spec). Loads of locally built prefab available, or bricks if you prefer.

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  • £125 sq ft is no cheaper than traditional construction to an average standard, certainly in most parts of the country.

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