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Old 13th October 2021, 19:09   #1
grivas
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Default The UK housing market

I am certain there are many members who either themselves or members of their family are navigating the insane waters which is the UK housing market.

How did we get here, and who is responsible.? Surely this madness cannot carry on this way much longer, one thing is for certain, there is a chronic lack of quality affordable housing in the UK, but why is that, again who is responsible?.

What is going to happen to young people looking to buy their first home, government is useless on the subject, I actually think they just don't care.

So why are we as a sovereign independent nation NOT building more houses, who is in charge and why are they clearly NOT doing the job they are paid to do?.

The housing market is propping up our broken economy, after all a seemingly buoyant housing market gives the impression of a buoyant economy, the classic pulling of wool over the public's eyes, that is the reason we are where we are.

Last edited by grivas; 13th October 2021 at 19:12.. Reason: correction
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Old 13th October 2021, 19:27   #2
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strange place to put a post on housing mate but I agree with your sentiments, however 2 million houses have been built in the last 5 years, trouble is they are all executve types that earn developers 20 to 30 % profit. during the same period we have lost approx 130000 social homes.
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Old 13th October 2021, 20:37   #3
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strange place to put a post on housing mate but I agree with your sentiments, however 2 million houses have been built in the last 5 years, trouble is they are all executve types that earn developers 20 to 30 % profit. during the same period we have lost approx 130000 social homes.
Sure is off to the social forum with it
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Old 13th October 2021, 19:27   #4
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So why are we as a sovereign independent nation NOT building more houses
Exactly where are they going to build all these houses?
Where we live they are throwing up houses in back gardens that have been sold for development or on green belt land, no plans for extra infrastructure to support the extra population though.
There is a limit to how large a population this country can accommodate and we still need land for farming, food production and just enough room so you are not living up your neighbours NAUGHTY WORD-NAUGHTY WORD-NAUGHTY WORD-NAUGHTY WORD-!
Please feel free to have your own opinion, but I for one won't be listening.
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Old 13th October 2021, 20:47   #5
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As you say it is totally crazy, I have a friend who is downsizing as his kids are long gone and he has retired. He put his house on the market and within 6 hours he had someone ring him and offer £80k over the asking price . He did not accept and then the estate agent said they might have to revalue his house as they had several offers well over asking price.

Thinking he had sold he started making offers on smaller properties and lost all of them because he was being outbid by a sizable amount. One place went for over £250k more than the asking price.

He has decided to stay put until it calms down as he might end up paying as much for a smaller house as he gets for his.

People moving out of London is causing a lot of the problems apparently, working from home for over a year has made them realise they dont need to live there anymore and can get a Palace in the Cotswolds for the value of there average house in London.

As far as the infrastructure, they are building about 2000 homes in this area and little or nothing to support all these new residents. A new school and doctors should be the minimum, these should be the first things to go in and the houses to follow together with new roads and junctions.
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Old 14th October 2021, 12:41   #6
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Exactly where are they going to build all these houses?
Where we live they are throwing up houses in back gardens that have been sold for development or on green belt land, no plans for extra infrastructure to support the extra population though.
There is a limit to how large a population this country can accommodate and we still need land for farming, food production and just enough room so you are not living up your neighbours NAUGHTY WORD-NAUGHTY WORD-NAUGHTY WORD-NAUGHTY WORD-!
Please feel free to have your own opinion, but I for one won't be listening.
Do you have any idea who the biggest owner of land is in the UK?, I'll give you a clue... they have big guns.
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Old 14th October 2021, 12:58   #7
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Do you have any idea who the biggest owner of land is in the UK?, I'll give you a clue... they have big guns.

Landowner Acreage owned in England Acreage woodland
Forestry Commission 489,814 414,293
National Trust 474,641 84,433
MOD 397,098 60,311
Crown Estate 264,233 (landward acreage only) 40,558
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Old 14th October 2021, 13:48   #8
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what about the church I thought they had a fair bit of land and property?

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Old 14th October 2021, 18:19   #9
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Landowner Acreage owned in England Acreage woodland
Forestry Commission 489,814 414,293
National Trust 474,641 84,433
MOD 397,098 60,311
Crown Estate 264,233 (landward acreage only) 40,558
So that says it all then, not much has changed since the Norman invasion, no wonder people have nowhere to live, afterall the Crown need more than a quarter of a million acres of land in order to do their weekend deer hunting.
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Old 1st December 2021, 22:24   #10
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So that says it all then, not much has changed since the Norman invasion, no wonder people have nowhere to live, afterall the Crown need more than a quarter of a million acres of land in order to do their weekend deer hunting.
I seem to recollect reading that he Crown Estate is 85% owned by the government, or 85% of the income from the estate went to the government. One of our previous monarchs was bailed out by parliament and that was their price for the rescue.
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