Brown will build out the bubble

[Euro-commuter]

GORDON Brown is ready to launch a new era of council house building when he takes over as Prime Minister.
As a first step, Housing Minister Yvette Cooper revealed yesterday that rules stopping town halls building thousands of desperately needed properties are to be relaxed.

Chancellor promises 100,000 low-emission homes

Gordon Brown promised today to launch a drive to build more houses across the country when he becomes Prime Minister.

GORDON Brown yesterday pledged a new direction for Britain
The crisis in housing
A HUGE programme of house-building is a pledge Mr Brown hopes will appeal especially to young home-buyers.
He wants to see many more environmentally friendly and affordable properties.
Tough borrowing rules stopping town halls building a new generation of council homes are expected to be relaxed.
More part-ownership homes are expected to be built for key workers such as nurses.
One report says without urgent action the number of people in poor accommodation and waiting for a home will rise to two million by 2010.
Labour fear housing shortages could become a major issue at the 2009 general election, costing them more than a dozen seats.

Clearly, the more houses he builds, the more pressure is taken off house prices. I don't really think that people who have bet on continually rising house prices are really part of Brown's core constituency.

[ratewhore]

Low emission homes? Does that mean a council house with no central heating? Are we back to terraces of two-up two-downs?

[AtW]

I don't really think that people who have bet on continually rising house prices are really part of Brown's core constituency.

Don't worry - this is just a promise that won't be kept.

[milanbenes]

Gordon just gets better and better

at last some common sense

the country needs hundreds of thousands of new homes

selling the council house stock in the thatcher years boosted the economy but didn't help anybody wanting a house as we see now


I have to say, Gordon's economic miracle, the man just delivers more and more common sense

good on him and long may it last, think of all the jobs the house building will create

Milan.

[AtW]

Make it like in America - use lots of caravans, I think about 10% of US population lives in them, this is around 30 mln people.

[Churchill]

Make it like in America - use lots of caravans, I think about 10% of US population lives in them, this is around 30 mln people.

That's a hell of a lot of Trailer Trash.

[rootsnall]

Make it like in America - use lots of caravans, I think about 10% of US population lives in them, this is around 30 mln people.

Quite a few oldies do it here. Flog the house and get a big static in a nice spot and then go on lots of holidays. On my Mum and Dad's site they close over xmas to satisfy requirements that its not a permanent home and everyone goes off to Spain for a few weeks.

[wendigo100]

I don't really think that people who have bet on continually rising house prices are really part of Brown's core constituency.

Poles are. 100,000 new homes could be just enough to house the Poles who came here to live last year.

[AtW]

Poles are. 100,000 new homes could be just enough to house the Poles who came here to live last year.

wendigo100 at it again

Dude, Poles are so poor they have to sleep in sleeping bags in Hyde Park - they (and by that I mean 95% of them) would never have enough money to afford a house in this country, at best they will rent and in this case they will rent a room - just like I did when I started, and I was in good position - many immigrants actually share rooms, and this is not limited to just 2 people per room either.

House prices raise because way too many think this is acceptable, so sellers act as such and stupid buyers buy this bluff - if 50% of buyers refused to buy new house for 1-2 years then sellers would have to budge.

[Bagpuss]

wendigo100 at it again

Dude, Poles are so poor they have to sleep in sleeping bags in Hyde Park - they (and by that I mean 95% of them) would never have enough money to afford a house in this country, at best they will rent and in this case they will rent a room - just like I did when I started, and I was in good position - many immigrants actually share rooms, and this is not limited to just 2 people per room either.

House prices raise because way too many think this is acceptable, so sellers act as such and stupid buyers buy this bluff - if 50% of buyers refused to buy new house for 1-2 years then sellers would have to budge.

No-one has ever answered the question ..., if we have a housing shortage why are rents not going up?