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They own land! Give them money, however indirectly!

Thursday, November 17, 2016 5:17
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(Before It's News)

From The Evening Standard:

Reading FC plans 'world-class' conference centre to cash in on Crossrail

'Nuff said.

Also from The Evening Standard:

Pete Redfern, chief executive of housebuilder Taylor Wimpey who led the review, said its findings reveal the “challenges that young people face in buying their first home.”

The report urges Government to devise a long-term strategy for housing, and immediately create an independent Housing Commission, which could make recommendations on long-term solutions.

While the report welcomes the building of more homes and the Government’s Help to Buy and Starter Homes schemes, it concluded more needs to be done to challenge relative wage rates and mortgage lending. They also suggest providing specific subsidies for certain “qualifying” groups to help them get on the housing ladder.

It appears that the report steered clear of the old “it's about lack of supply” myth (seeing as Taylor Wimpey and their ilk are complicit in that). The report appears to just take higher house prices (and rents) as a given, one of those immutable facts of life.

I can't be bothered to read it but I bet it doesn't recommend re-implementing Georgism Lite, which kept a lid on rents, prices and mortgage lending for most of the last century and thus led to the huge increase in owner-occupation and corresponding decline in private renting; with plenty of social housing as a safety net.

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  • YOU, “can’t be bothered to read it”; but are perfectly willing to blow smoke up our chimney about it!
    Go Home and keep your uninformed opinions to yourself!

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