Posts tagged "land"

Rose Grayston
Rose Grayston

By Rose Grayston

How central London’s luxury property price falls could make housing even less affordable

All the signs point to a slow-down in the London property market. Central London house prices dropped by 6.8% between 2015 and 2016, while the numbers of new homes under construction plummeted by 75%.[1] The problem is located almost entirely at the top of the market, with sales transactions collapsing by 86% for properties worth more than £10 million.[2]

Central London property values are eye-watering, far beyond the reach of most working London households. A fall in house … MORE...

Catharine Banks
Catharine Banks

By Catharine Banks

Why should the Government improve land market transparency?

The lack of transparency in the land market is a serious barrier to building more homes in England. Shelter is calling on the Government to open up all land data held by the public sector, to let innovation flourish, allow the market to work more efficiently, and get more homes built.

All markets need good quality information to work efficiently. Without this, buyers don’t know what to bid for goods or services, and sellers don’t know what to ask. Poor … MORE...

Joe Sarling
Joe Sarling

By Joe Sarling

The question should now be about ‘how’ to get houses built

Shelter have long been campaigning for more houses. We need around 250,000 new homes per year to keep pace with the projected growth in households and even this doesn’t address the cumulative shortfall of past decades. Unfortunately, we are currently building around half of this. If this trend continues, prices will continue to grow at a fast pace putting a strain on families’ lives and budgets.

But the stage on from this is about how we get houses built. Earlier … MORE...