Housing

[Ozyhibby]

https://taxpolicy.org.uk/2024/06/09/...ow_to_abolish/
Some good ideas here.


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[Stairway 2 7]

Mortgage holders and renters hit hardest by inflation last year, people with bought homes the least. Hopefully rates come down this year

https://www.ft.com/content/5c383479-...d-4f14c7f1c6a0

ONS data underscores uneven social impact of surge in living costs

Household costs for those with mortgages rose at annual rate of 3.7 per cent in the 12 months to June

The figure was down from 4.1 per cent in May but still the highest of any UK socio-economic group. It was also well above the 2.5 per cent rate across the general population

Households in private rental accommodation saw costs increase at an annual rate of 3.2 per cent in the same period, according to the ONS. By contrast, costs for people who owned their property outright rose 1.3 per cent, the lowest of any group calculated by the statistics agency

[Ozyhibby]

https://x.com/edinburgh_cc/status/18...dxJXScFNwz8V4A

This looks great but I dread to think how long planning will take.


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[Stairway 2 7]

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https://x.com/edinburgh_cc/status/18...dxJXScFNwz8V4A

This looks great but I dread to think how long planning will take.


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Looks great would hugely improve Edinburgh so I'd say 5 years of planning, discussions, companies already there not moving and we'll be no further forward by 2030. Cute though

[Mon Dieu4]

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https://x.com/edinburgh_cc/status/18...dxJXScFNwz8V4A

This looks great but I dread to think how long planning will take.


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Does it mention what would happen to the cat and dog home or does that stay as is? Always wondered that when I saw this was going to happen

[hibee]

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Does it mention what would happen to the cat and dog home or does that stay as is? Always wondered that when I saw this was going to happen

It will probably stay then the people who buy flats next to it will complain about the barking all night!

[Andy Bee]

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https://x.com/edinburgh_cc/status/18...dxJXScFNwz8V4A

This looks great but I dread to think how long planning will take.


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Even if it does manage to get pushed through I'd imagine those properties to command some really serious prices. A small detail but if it's being billed as "environmentally friendly" then why are all the roofs facing East West?

[Colr]

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Even if it does manage to get pushed through I'd imagine those properties to command some really serious prices. A small detail but if it's being billed as "environmentally friendly" then why are all the roofs facing East West?

Eh?

[Eaststand]

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Eh?

I'm assuming Andy is referring to solar panels fitted onto the new houses roofs, as a south facing roof would reap greater benefits from solar panels than east / west facing roofs.

GGTTH

[Ozyhibby]

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Even if it does manage to get pushed through I'd imagine those properties to command some really serious prices. A small detail but if it's being billed as "environmentally friendly" then why are all the roofs facing East West?

Expensive houses still increase supply which helps bring down prices overall. Or at least stops them rising so fast.
The cost of the planning system makes it difficult to build cheaper housing.


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[Stairway 2 7]

Argentina has ended rent controls and availability of houses has risen and prices have fallen. Mexico has just started rent controls so it'll be interesting to see what happens there. I've not seen anywhere they have worked but plenty that have caused prices to rise

https://www.newsweek.com/javier-mile...bility-1938127

Javier Milei Got Rid of Rent Control in Argentina. Housing Supply Skyrocketed

Argentina's recent repeal of rent control by libertarian President Javier Milei has led to a surge in housing supply, with the freedom to negotiate contracts, previously restricted, directly causing a drop in rental prices

[superfurryhibby]

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Expensive houses still increase supply which helps bring down prices overall. Or at least stops them rising so fast.
The cost of the planning system makes it difficult to build cheaper housing.


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That's a new one on me, got to laugh at that.

Are planning costs that different in Edinburgh when compared say to the Scottish Borders. The same house, built by the same company costs a lot more.

[RyeSloan]

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I'm assuming Andy is referring to solar panels fitted onto the new houses roofs, as a south facing roof would reap greater benefits from solar panels than east / west facing roofs.

GGTTH

It’s probably a moot point as it’s an artists impression after all but a quick look at a map suggests Seafield doesn’t run east / west at all and is much more NW / SE than you would imagine…so maybe these imaginary roofs are at the right orientation after all

[Ozyhibby]

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That's a new one on me, got to laugh at that.

Are planning costs that different in Edinburgh when compared say to the Scottish Borders. The same house, built by the same company costs a lot more.

It’s not the only factor. My point was build more houses if we want to keep prices down. Edinburgh has a massive shortage of houses. We can either build them or try make people leave the city.
Planning adds about £100k to the value of a house before a brick is laid.


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[Andy Bee]

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Expensive houses still increase supply which helps bring down prices overall. Or at least stops them rising so fast.
The cost of the planning system makes it difficult to build cheaper housing.



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Building social housing would bring prices down a lot quicker. Assuming that build goes ahead and is built as the impression suggests you'd be lucky to get one under £500k so what would that cure? You'd get a load of well off people selling their big overpriced homes and moving to the seaside. A load would be bought for the AirBnB crew and a few would be private rental at god only knows what price per month. Given its proximity to Ocean Terminal and the load of overpriced shoe boxes around there this development only adds further to the gentrification of Edinburgh. If a decent sized site has been identified then just build good quality social housing and more so if it's inner city like this.

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It’s probably a moot point as it’s an artists impression after all but a quick look at a map suggests Seafield doesn’t run east / west at all and is much more NW / SE than you would imagine…so maybe these imaginary roofs are at the right orientation after all

Typical Unionist, black is white, East is West and on and on it goes. I'll give you 110 degrees to 290 at best.

[lapsedhibee]

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It’s not the only factor. My point was build more houses if we want to keep prices down. Edinburgh has a massive shortage of houses. We can either build them or try make people leave the city.
Planning adds about £100k to the value of a house before a brick is laid.

Do you mean that land with planning permission is £100k more expensive than land without planning permission, or do you mean something else?

[Ozyhibby]

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Do you mean that land with planning permission is £100k more expensive than land without planning permission, or do you mean something else?

Yes.


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[RyeSloan]

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Typical Unionist, black is white, East is West and on and on it goes. I'll give you 110 degrees to 290 at best.

Wait? What? You want a compromise and a meeting of minds in the middle?

Those days are gone my friend

[Just Alf]

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Yes.


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I know a "pal of a pal" that used to buy land then do plans/planning etc before reselling at a very decent price, never realised it was that lucrative tho! :-/

[lapsedhibee]

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I know a "pal of a pal" that used to buy land then do plans/planning etc before reselling at a very decent price, never realised it was that lucrative tho! :-/

Think the price difference of £100k quoted is between land which can't get planning permission and land which can. Don't think it's the price difference between land which can get planning permission and the same land having got planning permission.

[Just Alf]

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Think the price difference of £100k quoted is between land which can't get planning permission and land which can. Don't think it's the price difference between land which can get planning permission and the same land having got planning permission.

Ah... gotcha ...

[hibee]

Once you get allocated a council house is that you free to stay in one forever no matter how rich you become?

I’m not suggesting the council throw people out for doing well in life, just interested in the answer if they’re not building more houses than the number of people on their waiting lists.

[Andy Bee]

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Once you get allocated a council house is that you free to stay in one forever no matter how rich you become?

I’m not suggesting the council throw people out for doing well in life, just interested in the answer if they’re not building more houses than the number of people on their waiting lists.

You can get allocated a council house when you're well off. Not long ago Eddie Dempsey the deputy leader of the RMT Union was ridiculed wrongly IMO for accepting a council house whilst earning £100k a year.

[hibee]

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You can get allocated a council house when you're well off. Not long ago Eddie Dempsey the deputy leader of the RMT Union was ridiculed wrongly IMO for accepting a council house whilst earning £100k a year.

I thought there was some kind of points system so you had no chance if you were wealthy but that will explain why in the new estate I walk through every day there’s some really expensive cars on the drives, even a £100k Audi!

[marinello59]

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I thought there was some kind of points system so you had no chance if you were wealthy but that will explain why in the new estate I walk through every day there’s some really expensive cars on the drives, even a £100k Audi!

Access to decent housing provided by the state at a fair rent that isn’t driven by profit really shouldn’t be seen as a benefit but as a right available to all. I can dream.

[Ozyhibby]

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Access to decent housing provided by the state at a fair rent that isn’t driven by profit really shouldn’t be seen as a benefit but as a right available to all. I can dream.

We never vote for that though.


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[superfurryhibby]

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Think the price difference of £100k quoted is between land which can't get planning permission and land which can. Don't think it's the price difference between land which can get planning permission and the same land having got planning permission.

It's a made up stat to suit an agenda.

[Andy Bee]

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It's a made up stat to suit an agenda.

I'm not sure if you're questioning the £100k claim or not but if you are then here's an example. Decent quality farming land around my area is approx £8k an acre, if you can get outlining planning then here's what happens. https://www.zoopla.co.uk/for-sale/de...b5afabb9f2da69

[superfurryhibby]

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I'm not sure if you're questioning the £100k claim or not but if you are then here's an example. Decent quality farming land around my area is approx £8k an acre, if you can get outlining planning then here's what happens. https://www.zoopla.co.uk/for-sale/de...b5afabb9f2da69

I think that price has more to do with profiteering than planning.

[lapsedhibee]

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I think that price has more to do with profiteering than planning.

Presumably the farmer didn't sell his half-acre to someone for £4k and the buyer then made a profit of £220k for doing some paper/leg work, so are you really objecting to the farmer, in a position of finding himself with developable land, selling it for the going rate?