Re: How to keep house prices low for generations to come
 

Don't the "lower" properties need improving whichever way you look at it. The buyers at the upper end are handing over money to the developers, thereby financing more developments, possibly at the lower end.

---------- Post added at 12:07 ---------- Previous post was at 11:47 ----------

I did in post #4.

Re: How to keep house prices low for generations to come
 

Short answer -NO, longer answer - still NO

that would require the government (of whatever colour) to pony up billions of pounds for capital expenditure and there isn't any going..

well part that is from 50 billion for HS2 which no-one seems to want.

we are still giving India around 60m/year despite the govt saying it would stop all aid by Dec. 15. Quite why we are giving them money when they have an active space launch programme...

as for the rest of the 12.2 billion foreign aid budget, well, try and find out exactly where it is going...

Re: How to keep house prices low for generations to come
 

Because that's the only way to make money out of a big house (short of demolition and building smaller dewllings on the site if the plot is big enough).......and it provides more dwellings than the original layout which makes the council and government happy.

---------- Post added at 14:25 ---------- Previous post was at 14:24 ----------

Sorry, I was in full rant :D

---------- Post added at 14:27 ---------- Previous post was at 14:25 ----------

That will probably only happen if we build lots more housing or decrease the population. (supply and demand) :shrug:

Re: How to keep house prices low for generations to come
 

Somehow l cannot see the population decreasing RR any time soon so l think as we all know we need a considerable increase in the amount of housing we build.

Re: How to keep house prices low for generations to come
 

To do that and keep homes affordable in the way Maggie is putting forward the the price of land needs to come down or be heavily subsidised. The cost of land makes up at least 50% of the cost of a new build.

No need to apologise.;)

Re: How to keep house prices low for generations to come
 

There is also the problem of housebuilding developers sitting on some of their land.

http://www.telegraph.co.uk/news/2016...uild-on-green/

http://www.telegraph.co.uk/news/2016...supply-of-new/

https://www.theguardian.com/society/...developed-land

Re: How to keep house prices low for generations to come
 

The combination of a rapidly growing population, a small crowded island and all the infrastructure required to support large scale, environmentally sensitive new housing and services isn't conducive to cheap property. There's no way HMG can build sufficient new homes to force prices down significantly in places like the South East.

Re: How to keep house prices low for generations to come
 

So what. The problems are getting planning permission and lack of ability to increase rates of building. Those same problems exist whoever owns or controls it.:rolleyes:

Re: How to keep house prices low for generations to come
 

There is also plenty of short-termism and lack of long term planning from all governments of the last 40 years plus as they knew our population was going to increase considerably with regards to going forward many decades and did diddly squat about building more housing and the infrastructure that we needed to go with it.

Re: How to keep house prices low for generations to come
 

How many people did Labour say would come over from Eastern Europe and how many actually came?

Re: How to keep house prices low for generations to come
 

l am talking about all governments who have been in power for the last 40 years plus be it Labour or Conservative who never formed any any cohesive plan on house building policy going forward and this is one of the reasons why we have a big shortage of housing stock now and sadly its going to take decades if ever to sort it out sadly.

Re: How to keep house prices low for generations to come
 

The main influx happened before 2010. They are building as fast as they can. There is no shortage of housing stock. There is an abundance of people that consider themselves entitled to be housed, when in the past they wouldn't have been.

Re: How to keep house prices low for generations to come
 

UK population growth to 2014:

http://www.bbc.co.uk/news/uk-33266792

The numbers haven't improved much since either.

http://www.ons.gov.uk/peoplepopulati...n/february2016

Re: How to keep house prices low for generations to come
 

So going from 150,000/year in 1997 to 500,000/year in 2008 isn't a problem?

Re: How to keep house prices low for generations to come
 

Another classic from the Chancellor today to help nobody. Getting rid of letting agent fees. All that will happen is rents going up for everybody; do you think he does 'thinking'?