How to solve the housing crisis?

[TheBlueDune]

If supply goes up and demand (number of potential buyers) is more or less constant then price goes down.
Loads of people who struggled to buy see value drop and we're in negative equity territory.
Guaranteed vote loser no matter how noble the idea. Only a slow increase in supply helps that problem.
But real issue is the get-out clauses used by builders to avoid the law to build a %age of affordable / social housing in a new development.
I read hardly any are built and Saint Theresa's warbles today don't solve that.

 

[Machiavelli]

Where do I sign !!

@worsleyweb's portacabin.

 

[PragueBlue]

A subject close to my heart and has been touched on in the politics thread.

Thought it would be interesting to get everyone's ideas on what could solve it.

It is incredible to think that young people face the burden of university debt and then the huge task of buying a house and having kids all before 30 for many. Not an easy task at all.

I agree that building council homes is the way forward. However what is also needed is a government owned house builder building decent houses people can buy. Employing tradesman on prIce and with industry leaders building efficiently on government owned land. It is my firm believe that decent quality 3 bed houses can be delivered for sub 100k build costs. A few million of these built over the next few years would go a long way.

You only have to look at the profits made by the large House builders (Making over 50k per house built) to see that cost savings can be made. The government should be building homes.

That saving should be passed on to the young and also would lead to a huge upsurge in young men and women taking up a trade in a secure employment environment.

Also reducing the amount of people who feel the need to go to university.

A win win situation.

Thoughts?

Maybe build council houses but to rent at reasonable rates, not to buy. Spread them far and wide as well, rather than building large estates which often become unpleasant areas for living and crime ridden.

 

[DelToro]

Genetically modify human embryos so that future generations are born with gills and can live underwater.

 

[franksinatra]

Release more greenbelt land for building on and incentivise councils to build properties with caps on profits.

 

[remember arthur mann]

Maybe build council houses but to rent at reasonable rates, not to buy.

Flippin eck Knare, that's what used to happen then Maggie flogged em off on the cheap !

 

[Machiavelli]

Genetically modify human embryos so that future generations are born with gills and can live underwater.

This is better than my Lego idea.

 

[PragueBlue]

Flippin eck Knare, that's what used to happen then Maggie flogged em off on the cheap !

I know. Just don't sell them off this time ;-)

 

[DelToro]

This is better than my Lego idea.

I thought your lego idea was awesome mate

 

[Two Gun Bob]

Maybe build council houses but to rent at reasonable rates, not to buy. Spread them far and wide as well, rather than building large estates which often become unpleasant areas for living and crime ridden.

I think local authorities have a responsibility and a duty of care to police their housing stock and eliminate the nuisance tennants.
Pre tennancy and during tennacy.