Hard to imagine they stop giving massive housing subsidies to their base
Haytham_Ken on
So who will live in them if they’re not affordable? Lol. Oh right, the rich. Tbh, in London you need to be on a fairly good salary to be able to rent/buy on your own.
Deadliftdeadlife on
Smart move. If you want houses built you gotta make it viable
TopSouth5124 on
The current affordable homes act is based on UNITS built. 35% of units must be affordable homes. So, developers are encouraged to build the most expensive properties possible.
This way, if a 100 properties were 1m each, the 35% units wouldn’t hit as hard. If the 100 property were £200k each, it’s literally not possible to have 35% units as affordable.
And we wonder why all new builds effectively have to be as expensive as possible. It’s not the developers fault. They have literally no choice. Thank the government.
2070FUTURENOWWHUURT on
Holy fuck are we getting the point yet?
Increase supply. Make the prices go down. Reduce speculation. Force investors into other assets.
robnab on
Yes! Build top quality houses for top price! The middle moves up, the bottom gets a house!
throwaway1948476 on
Affordable homes are a scam and should be binned. Just pushes everyone else’s house prices up, meaning that net affordability is worse. Basically yet another policy to artificially boost house prices beyond reasonable levels (while handing out free stuff to mostly unproductive people).
Astriania on
The target is stupid in the first place, it’s a fairly simple supply and demand situation, building more houses and reducing immigration will both push the market in the right direction.
8 commenti
Hard to imagine they stop giving massive housing subsidies to their base
So who will live in them if they’re not affordable? Lol. Oh right, the rich. Tbh, in London you need to be on a fairly good salary to be able to rent/buy on your own.
Smart move. If you want houses built you gotta make it viable
The current affordable homes act is based on UNITS built. 35% of units must be affordable homes. So, developers are encouraged to build the most expensive properties possible.
This way, if a 100 properties were 1m each, the 35% units wouldn’t hit as hard. If the 100 property were £200k each, it’s literally not possible to have 35% units as affordable.
And we wonder why all new builds effectively have to be as expensive as possible. It’s not the developers fault. They have literally no choice. Thank the government.
Holy fuck are we getting the point yet?
Increase supply. Make the prices go down. Reduce speculation. Force investors into other assets.
Yes! Build top quality houses for top price! The middle moves up, the bottom gets a house!
Affordable homes are a scam and should be binned. Just pushes everyone else’s house prices up, meaning that net affordability is worse. Basically yet another policy to artificially boost house prices beyond reasonable levels (while handing out free stuff to mostly unproductive people).
The target is stupid in the first place, it’s a fairly simple supply and demand situation, building more houses and reducing immigration will both push the market in the right direction.