(Not) Fixing our broken housing market

‘Fixing our broken housing market’ is the latest policy statement on housing. A few quotes will suffice.

The starting point is to build more homes. This will slow the rise in housing costs so that more ordinary working families can afford to buy a home and it will also bring the cost of renting down. We need to build many more houses, of the type people want to live in, in the places they want to live.To do so requires a comprehensive approach that tackles failure at every point in the system.

There is no evidence that building more houses will slow the rise in housing costs. House prices reflect incomes, mortgage rates, demand for investment/holiday property.

First, we need more land for homes where people want to live. All areas need a plan to deal with the housing pressures they face and communities need a say in the homes that are built. We will require all areas to have up-to-date plans in place and ensure that communities are comfortable with how new homes look.

Presumably this means that areas like Cornwall where housing pressure is high due to in-migration, second/holiday homes etc have to provide for non-local need? And as we know this housing pressure is encouraged by developers and others!

This country doesn’t have enough homes. That’s not a personal opinion or a political calculation. It’s a simple statement of fact.

No sorry Sajid its not a fact its a myth.

Please read https://medium.com/@ian.mulheirn/part-1-is-there-really-a-housing-shortage-89fdc6bac4d2#.h10zieytg

For decades, the pace of house building has been sluggish at best. As a result, the number of new homes has not kept pace with our growing population. And that, in turn, has created a market that fails to work for far too many people. Soaring prices and rising rents caused by a shortage
of the right homes in the right places has slammed the door of the housing market in the face of a whole generation.

See points 1 and 2! Also odd how local residents in need find a house in Cornwall despite massive house building!

Again a policy based on myths, assertions and bogus ideas, whats new!


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