You might like this simply for it being one of the worst things written on housing. It's went viral for being hilariously bad, it is the Torygraph after all. She says we don't need new houses the problem is houses are too expensive ehhh...This quote is hidden because you are ignoring this member. Show Quote
UK also has the second lowest number of unused housing stock, under 2% Iceland is only lower and average is 10%.
She'll be glad she's blocked since many homes and I'm not surprised someone has found she owns a £3.5 million pound home
https://archive.ph/IZiTg
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Thread: Housing
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03-11-2023 06:49 AM #511
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03-11-2023 07:59 AM #512This quote is hidden because you are ignoring this member. Show Quote
According to Shelter there are over a quarter of a million long term empty homes in England.
There are 43,000 empty homes in Scotland.
https://www.bigissue.com/news/housin...ere-in-the-uk/
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03-11-2023 08:22 AM #513This quote is hidden because you are ignoring this member. Show Quote
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03-11-2023 08:24 AM #514This quote is hidden because you are ignoring this member. Show Quote
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03-11-2023 08:50 AM #515This quote is hidden because you are ignoring this member. Show Quote
But in terms of continuously growing developments/areas: Cammo, Queensferry, Wallyford, The wisp, Shawfair, Calderwood, Kirkliston, Winchburgh all seem to have sprung up with hundreds/thousands of new family homes.Mon the Hibs.
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03-11-2023 09:22 AM #516This quote is hidden because you are ignoring this member. Show Quote
To speed builders up, I would start taxing the properties from 18 months after planning is granted.
If they are not ready to build after planning is granted then they should be required to sell the land on.
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03-11-2023 09:33 AM #517
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With half a million net immigrants in the next few years and a fraction of that in homes being built. We'll soon have zero available homes. It's a disaster
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03-11-2023 10:11 AM #518This quote is hidden because you are ignoring this member. Show Quote
I guess they could just create admin by applying for permission to build 100 smaller developments and spread out their applications over several years.Mon the Hibs.
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03-11-2023 01:39 PM #519This quote is hidden because you are ignoring this member. Show Quote
or schools, medical etc services being made available.
It’s not always the developers who delay developments
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03-11-2023 01:51 PM #520This quote is hidden because you are ignoring this member. Show Quote
It just seems like fundamentally, you're not going to have 100 houses built in such a short time. Even if you did, you'd then struggle to sell them all so quickly.Mon the Hibs.
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03-11-2023 02:04 PM #521This quote is hidden because you are ignoring this member. Show Quote
Seriously though, whatever the reasons, we are building too slowly and it needs to change.
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03-11-2023 02:22 PM #522This quote is hidden because you are ignoring this member. Show QuoteMon the Hibs.
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03-11-2023 03:01 PM #523This quote is hidden because you are ignoring this member. Show Quote
There’s been several houses here that have gone to reserved then a few weeks later have become available again, I guess the buyers have struggled to sell their own house or can’t get a mortgage.
When we were looking some builders wouldn’t even take a deposit from us unless we sold our own house and moved in to rented which we weren’t willing to do.
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03-11-2023 03:23 PM #524This quote is hidden because you are ignoring this member. Show Quote
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03-11-2023 03:29 PM #525
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If there is 250k empty homes, 250k were built last year and net migration is estimated to be 500k in the next 2 years, there soon won't be a house spare. Going to see homelessness numbers breaking records unless someone gets their finger out on housebuilding
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03-11-2023 04:38 PM #526This quote is hidden because you are ignoring this member. Show Quote
The 89 crash was at least in part due to MIRAS removal…ergo having a mortgage cost more.
The 2008 crash was caused by a liquidity crunch (no lending = no borrowing)
This time it’s due to super fast interest rate rises. Cost of ownership up = price paid down.
On the flip side you have had a myriad of government interventions that have added liquidity to the market Help to Buy, Stamp duty holidays etc etc. and super low interest rates that have driven up prices over a very long time.
Then you add in punitive stamp rates higher up the ladder that help to squash availability in the secondary market and you can see that saying the volume of building is directly correlated to prices, and is the primary driver of them, is ignoring a huge number of other factors and drivers on the overall market.
It’s hard to imagine prices would have been so stretched if the government had left well alone and interest rates had been at ‘normal’ levels for the last decade.
So sure building numbers do matter, or actually maybe more the mix of building matters (as Edinburgh has just proven building more than anyone else does not a housing crisis avert).
But the cost of housing is not simply driven by new build housing numbers (not least due to the fact new builds are often priced as premium products and thus raise the average costs). It is of course A factor but just building more is far from a silver bullet.
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03-11-2023 05:05 PM #527
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Also not helping is British people want big houses with gardens whilst in Europe there is much more good quality apartments. Its depressing seeing these semi detached villages with next to no social housing and ludicrous prices.
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03-11-2023 05:51 PM #528This quote is hidden because you are ignoring this member. Show Quote
But looking at Scotland the number of dwellings has risen roughly inline with the number of households in the last 20 years so you could argue that the supply has kept up with the demand.
Yet prices have increased substantially. So it could be argued that actually the supply side is the least of the factors and it has been other influences that have caused the increase.
Of course the mix of households and the type of supply etc. need to be factored in but ultimately my point is that largely focussing on new build numbers is not really the correct way to go about solving the issue.
It would be substantially better to ensure the myriad of other factors get equal weighting in the discussion.
I can agree tho that empty homes (3% in Scotland) and even second homes (1% in Scotland) are not the problem or the solution at a macro level.
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03-11-2023 06:34 PM #529
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A John Burn Murdoch article has been up previously on the subject, really good graphs on cities that built huge numbers to lower costs
https://archive.ph/jv1iH
All economists agree supply increase will decrease prices
https://www.economicsobservatory.com/how-can-uk-policy-makers-make-homes-more-affordable
They won't build enough to change the market though, we need millions. The FT asked 80 economists how much house prices would decrease if we built 300k houses per year for 20 years, the average was a 10% decrease.
They extra could possibly be eaten up by net migration so we see no decrease
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03-11-2023 06:45 PM #530This quote is hidden because you are ignoring this member. Show Quote
Maybe if I lived in a warmer part of Europe where I could spend a large proportion of the day outside I’d be happy with an apartment but not in this country!
I probably now live in one of these depressing semi detached villages as you call them and I’ve never been happier.
The government or councils should be building social housing rather than forcing developers to stick a few token homes at the front of their developments.
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03-11-2023 06:52 PM #531This quote is hidden because you are ignoring this member. Show Quote
https://shrinkthatfootprint.com/how-big-is-a-house/
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03-11-2023 07:29 PM #532
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Low density housing means huge sprawls that's worse for the environment and also leads to you needing a car.
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03-11-2023 07:38 PM #533This quote is hidden because you are ignoring this member. Show Quote
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03-11-2023 08:05 PM #534This quote is hidden because you are ignoring this member. Show Quote
Space, inside and out, is certainly my preference.Mon the Hibs.
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03-11-2023 09:02 PM #535This quote is hidden because you are ignoring this member. Show Quote
This is a totally new village of 3,500 houses, the school was built before anything else and include shops offices doctor surgery. That's what every decent development should be like.There is no such thing as too much yarn, just not enough time.
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04-11-2023 12:11 PM #536
Housing
https://www.bbc.co.uk/news/uk-scotla...iness-67305146
Well who could have predicted that?
Article is worth a read.
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04-11-2023 02:20 PM #537
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I got planning over a year ago for a site and I’m still getting paperwork and stuff done before I can build.
I’d build tomorrow but it’s a bit of a minefield
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05-11-2023 10:50 PM #538This quote is hidden because you are ignoring this member. Show Quote
Don’t get me started on the developers and the road to the Cross Tay Link Road though 🙄
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06-11-2023 07:43 AM #539This quote is hidden because you are ignoring this member. Show QuoteThere is no such thing as too much yarn, just not enough time.
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06-11-2023 12:12 PM #540
https://x.com/jburnmurdoch/status/17...dxJXScFNwz8V4A
Not housing but principle is the same.
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