8:42 AM, 30th August 2019, About 2 years ago 2
So, Boris Johnson is to suspend Parliament to enable him to set out his plans for Education, The Police, National Health Service, but he must not forget Housing. The only way to provide sufficient homes for the growing population is new build on an industrial scale.
Within such plans must be provision for all types of Housing to meet the need of everyone. I refer to the disabled, to the retired, the bulk of the population, the war wounded and so on.
There is the issue of funding. Where is the money to come from? Is it to be the Private Investor? Is it to be the Overseas Investor?
Sterling has dropped against the Euro and foreign money flows in to buy houses as investments. Anyone with a Euro Mortgage is in deep difficulty as the money has to be repaid in euros. But should we be reliant on foreign money to fund rented property in Britain. The Target area is the South East, but surely there must be caution.
In New Zealand the Government has banned foreign investment and only permits houses to be sold to residents of New Zealand. In Auckland 22% of houses were going to foreign buyers and pricing out locals.
Should the sale of houses in England be restricted to those who are residents of England? In Cornwall to the Cornish? In Wales to the Welsh? These are questions for Boris to decide and we can expect an answer by mid- October!
Within that answer there has to be provision for Retirement Bungalows and on an industrial scale. There has to be provision for Retirement Villages on the outskirts of towns. There are now over 15,000 people in Britain over 100 years old. In the USA the figure is over 80,000 and swelling. We have an old age time bomb in Britain. Where do they live?
Boris is spending, or promising to spend, money like it is confetti so where is the money for housing coming from? Is it the Private Sector Landlord?
There are very many issues arising out of provision for elderly people. Everyone in Britain is entitled to a home over their heads. However, some really need to take a reality check. There are 20% in benefits but that means 80% are not. Should the 80% fund the 20%? I think so!
There are some very complex questions to address.
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