9:23 AM, 13th August 2024, About A year ago 2
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In this episode of Property Breaking News, Ranjan Bhattacharya and Andrew Roberts unveil their bold manifesto to build 1.5 million homes in the next 5 years. With the UK facing a critical housing shortage, they explore the strategies, policies, and innovations necessary to achieve this ambitious goal.
From land acquisition and planning reforms to sustainable building practices and government support, we cover every aspect of this nationwide effort. Tune in to discover how this plan could reshape the housing market and what it means for buyers, investors, and the future of property in the UK.
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Cider Drinker
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Member Since December 2023 - Comments: 1517
10:42 AM, 13th August 2024, About A year ago
Labour have signalled an open door policy for anyone wishing to move to the U.K.
I predict net migration topping 1 million per year.
How does 1.5 million new homes scratch the surface?
david porter
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Member Since January 2016 - Comments: 296 - Articles: 1
11:46 AM, 13th August 2024, About A year ago
Reply to the comment left by Cider Drinker at 13/08/2024 – 10:42
They will build 1,500,000 homes but most of the electorate want a house with a garden.
High rise flats are not what most people want. Nor do they want dual purpose elevator/urinal nor neighbours with ASBO’s and big dogs .
Let all tenants have pets,
Boa constrictors,
Multiple dogs
And rabbits
Do you know what rabbit urine smells like?
Who will invest in all this?
The Government does not have the money.
Yes there is tons of private money.pension funds etc
BUT
THEY WANT A GOOD RETURN ON INVESTMENT
This is incompatible with allowing difficult tenants free rein.
If a bank has a loan in default to a private landlord then they need to be able to sell up . A tenant in situ will guarantee that they make a loss with their loan being underwater.
The banks will be less likely to make loans available?