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Old 22-11-2016, 23:20   #37
Damien
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Re: How to keep house prices low for generations to come

Quote:
Originally Posted by Stuart View Post
No. That'll be the "vultures" that are busy buying up council estates for a pittance, demolishing them, then arguing with the local council when the local council has the temerity to insist that a given percentage of the properties they build on the land be sold at an"affordable" price.

It will also be the vultures that are buying up houses, dividing them into studio flats and renting them out for a fortune.
I think there should be protections to stop people buying up dozens and dozens of housing but the real problem is with the lack of supply, the renter/landlord system works well if it's a real option rather than the only one.

At the very least the government should make it easier to build without facing a dozen legal challenges (applies to infrastructure as well) but really allowing local authorities to build would be a good idea too. It's not as if it wouldn't be easy to shift the homes.
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