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Where to build houses?


observer

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With housing demand pushing up prices, it's a no brainer to build more (affordable) units. But where?  The latest floods are a lesson in where not to build them (in the flood plain); and given the planners can't recognise this, the insurance companies certainly will. And if we can't escape the risk, is it time we started building houses on stilts?

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I have to say that I don't have a lot of sympathy with those who buy newly built houses (last 10 years or so) in areas that are at a high risk of flooding. I can never understand the logic of someone who can spend upwards of £150k on a house, knowing that there will be problems like that and then expecting the insurance companies to pick up the tab without paying the extra premium for it

 

Yes the builders have to share in the responsibility but ultimately if people do not buy the houses they wouldn't build them where they do

 

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  • 2 months later...

Yes Baz, but folk need somewhere to live at the end of the day - problem is they're not building enough to reduce demand and thus reduce price inflation. In fact, quite the opposite:  foreign investors are buying up properties in London at inflated prices and leaving them empty and the Gov's "help to buy" is increasing demand from folk who can't afford to buy, thus increasing prices even more. Plus of course the influx of migrants who all need a roof over their head, thus increasing prices in the rented sector too. Yet another housing bubble on the horizon.

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Had to laugh on Question Time when the politicians seemed to claim that housing prices and the shortage of housing was more down to a few foreign investors with money buying multi-million pound properties in Knightsbridge and Chelsea than it being a product of over 2 million Eastern European immigrants flooding the country in the past 10 years and vying for properties at the lower end of the housing market...

 

They really don't like discussing the big "EU" question these Tories or Labourites do they??? :)

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