editor
hiraethified
Why do you keep blaming 'existing residents' for the lack of social/affordable housing?This is certainly also a problem - foreign investment + second homes should be taxed at a MUCH higher rate than homes owned by people living in them. Nobody should view buying a house as an 'investment', it should be a good that you use (much like a car).
All evidence to the contrary. San Francisco has ludicrous pricing because it is nearly impossible to build. In New York, prices are high but not as high as SF - that's because its slightly easier to build. Go further down to a place like Houston, where it is much easier to build, and housing is on the borderline of reasonably priced. Why? Because it's easy to build.
The harder you make it to make something, the more expensive that thing becomes. In the UK, it is very hard to make houses. Therefore housing is very expensive.
Not all local residents are NIMBYs. The younger generations are coming to see that housing policy in this country (and in many places in the world) is completely broken - that the older generation have left us in the lurch by taking up available resources and then pulling the rug out from under us. They bought their houses when housing was abundant, then decided to make it extraordinarily difficult to build anything new ever again.
For those of you who believe you have good intentions, ask yourself this.
Broadly supportive of Elephant and Castle, don't know much about Nine Elms. More housing being built is good. I wish there was a greater component of affordable units but 25% affordable homes is not awful.
- Has housing policy of the last two decades worked out well?
- If not, what changes can we make that might make a difference?
- Directionally, should building new housing be easier or more difficult (in order to achieve our common goal of less expensive housing)?
- Are you participating in making housing easier to build, or harder to build?
As long as the population of London is growing, given only so much land that's near public transit hubs, the only option is to build denser housing (or try to stop people from moving to the city which I find abhorrent). Existing residents concerns are valid, but they should not (as a general rule) outweigh the right of everybody else to have a decent place to live at a non absurd price.
And why did you support the disaster at Heygate which saw thousands of council flats torn down and replaced by a handful of social rents.
Heygate Estate redevelopment: just 79 social rented units out of a total 2,535 new homes
Is Elephant posh now? Not yet but....
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