Jump to content
Sign in to follow this  
asperity

Housing

Recommended Posts

observer    588

Of course social housing is the solution, by increasing supply, you reduce demand, which is then reflected lower prices throughout the market. Of course, allowing the world's waifs and strays into London and the UK generally, doesn't help reduce demand either.      :ph34r:

Share this post


Link to post
Share on other sites
asperity    266

So you didn't watch the documentary then.....................................................................

Share this post


Link to post
Share on other sites
asperity    266

It shows that Local Councils are not very good at overseeing building projects, the private contractors used being able, seemingly, to do what they like. The effect on Council Housing being, at times, disastrous. I'm not going to pretend to know what the answer is as housing is very far outside my expertise.

Share this post


Link to post
Share on other sites
observer    588

So it's a contracting or procurement issue; rather than the principle of providing more social housing.  What is clear. is that the private sector isn't providing sufficient housing to cope with demand, and if they did, prices would drop, and so too, profits.

Share this post


Link to post
Share on other sites
Davy51    232

There was a time when turnover also contributed to profits based on providing plenty of your products for many people at reasonable prices.Post 60s the mantra for business has been to hike prices high & crush the consumers spending power till it squeaks. This also seems to be true of the housing market.

Share this post


Link to post
Share on other sites
asperity    266

How does business "crush the consumers spending power"? Surely logic dictates that the more spending power the consumer has, the more they spend on the goods that business produces, hence higher profits for said business? Just asking like :huh:.

Share this post


Link to post
Share on other sites
observer    588

Your right about "spending power" Asp;  providing everyone has it.   The more people, with more cash = more demand for goods and services = more jobs to produce them.  Unfortunately, wealth is being concentrated into the hands of fewer people, thus less demand from the many. Especially true in the case of housing, where a mortgage for many is impossible, and even rents are prohibitive. The only way the quite natural concentration of wealth can be corrected, is by a redistributive tax system.  :ph34r:

Share this post


Link to post
Share on other sites
asperity    266

Obs you are J.Corbyn and I claim my finder's fee :D.

Wealth is not the same as money, people can be cash rich but wealth poor and vice versa (old widow in a £1M mansion who can't afford to heat it against the single earner in London with a well paid job having to pay £1000/week rent for a "studio apartment. The widow has wealth and no money, the single man has money but no wealth).

Unfortunately it isn't possible for everybody to have as much money as they would like. In fact it has been said that if everybody was given £1million tomorrow, within a year the majority would have spent it all and a minority would be rich. That's people for you.

Share this post


Link to post
Share on other sites
Davy51    232

Business these days relies on most profit for least outlay & if it squeezes consumers pockets ,don't worry, there is always instant credit ...or debt.

Share this post


Link to post
Share on other sites
observer    588

:D   Think JC is a social liberal, I'm not.  Your last para is exactly what I'm saying;  in a free capitalist society, money will always gravitate to fewer and fewer hands; hence a redistributive tax system; to counter this natural phenomenon.   The real challenge will come in the future, as automation takes over jobs, then folk being unemployed will have even less money to spend; so in order to maintain demand, they will have to be given buying power.     :ph34r:

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×