Housebuilder concerned home owners too wealthy to buy his crap

[clearedforlanding]

Taylor Wimpey CEO worried about rapid rise in house prices | Money | The Guardian

[DimPrawn]

Another UK "executive" housing estate nears completion...

[SueEllen]

I was listening to some guy who worked in housing talk about house prices the other day. Apparently local and but particularly central government have deliberately put blocks in the way to ensure that house builders don't use up all the current land they hold. If they did then house prices would stay static for the next 10+ years.

[LondonManc]

I was listening to some guy who worked in housing talk about house prices the other day. Apparently local and but particularly central government have deliberately put blocks in the way to ensure that house builders don't use up all the current land they hold. If they did then house prices would stay static for the next 10+ years.

It's the dirty little secret - there's be a suppression on the number of homes built to keep the supply/demand level at the right balance to maintain the bubble, while looking like they're building. They can build a certain amount but sustaining the demand can be balanced off against population growth/immigration.

[clearedforlanding]

It's the dirty little secret - there's be a suppression on the number of homes built to keep the supply/demand level at the right balance to maintain the bubble, while looking like they're building. They can build a certain amount but sustaining the demand can be balanced off against population growth/immigration.

When the massive skill drain of our children occurs I wonder who is expected to prop up the pension and healthcare bills of the ageing home-owning population?

[jamesbrown]

"If that continues for two, three, four years..."

Stable door. Horse. Bolted.

[PurpleGorilla]

Boomers [emoji36]

[LondonManc]

When the massive skill drain of our children occurs I wonder who is expected to prop up the pension and healthcare bills of the ageing home-owning population?

You really think that a government who won't be blamed for something that happens ten years down the line gives a toss about the future over looking good now and getting in next time?

[AtW]

Don't tell me that house prices are about to start falling...

[AtW]

"Housebuilding boss Pete Redfern, about to head up Labour housing review"

That's nice...

s the lot of 'em