I wonder what happened 10 years ago that made it riskier to invest in London (and the UK in general)
Prestigious_Spot9635 on
I’m tryna to explain to housing sub that demand is dead so be very careful.
If AI bubble does pop then we are all cooked
Tarlach88 on
This is because of the building safety act
The BSA isn’t a bad thing but they need to speed the process up
Z3t4 on
Hope residential property values collapse all over to have a proper bubble burst, that has being postponed for a decade.
mickymoo42 on
Labour govt have taxes too high , simple.
Inflation is eating away at wages,and affordability is low,interest rates higher than the last 15 yrs ( lending) .
No gwoth despite what Rachel says.
WinHour4300 on
Unsurprising. Khan needs to create a proper Mayor Development Corporation to get housing built. Buying land at fair use not hope value.
Issues with leasehold and service charges need fixing as no-one wants to buy flats right now. Frankly a lot of the build quality is poor too.
andymaclean19 on
Who knew that house builders would slow down and stop building houses when it looks like prices might go down. Nobody could have seen that coming!
Time to shift house building away from the large builders and either use smaller independents or a national house builder to finish the job if 1.5m houses.
Electricbell20 on
It’s only momentary because at some point if they want profits they need to sell houses.
goodallw0w on
Relying on super expensive tower blocks for housing construction isn’t sustainable who would have thought. Less than half the floor space is able to be used for living space if the building is above 18 metres.
9 commenti
I wonder what happened 10 years ago that made it riskier to invest in London (and the UK in general)
I’m tryna to explain to housing sub that demand is dead so be very careful.
If AI bubble does pop then we are all cooked
This is because of the building safety act
The BSA isn’t a bad thing but they need to speed the process up
Hope residential property values collapse all over to have a proper bubble burst, that has being postponed for a decade.
Labour govt have taxes too high , simple.
Inflation is eating away at wages,and affordability is low,interest rates higher than the last 15 yrs ( lending) .
No gwoth despite what Rachel says.
Unsurprising. Khan needs to create a proper Mayor Development Corporation to get housing built. Buying land at fair use not hope value.
Issues with leasehold and service charges need fixing as no-one wants to buy flats right now. Frankly a lot of the build quality is poor too.
Who knew that house builders would slow down and stop building houses when it looks like prices might go down. Nobody could have seen that coming!
Time to shift house building away from the large builders and either use smaller independents or a national house builder to finish the job if 1.5m houses.
It’s only momentary because at some point if they want profits they need to sell houses.
Relying on super expensive tower blocks for housing construction isn’t sustainable who would have thought. Less than half the floor space is able to be used for living space if the building is above 18 metres.