The problem with house building is that it HA developments are almost entirely off the back of new build for sale. A new development project will have 15-20% affordable tucked away at the back of an estate, which in the South will be £500k+ houses. We need to have whole estates built specifically for rental. Whether they are flat-packed or built by Chinese is irrelevant.
Problem is as a Housing Association, you build an estate with 50 houses and 450 flats purely for rent, the current rent controls - which are actually coming down by 1% pa over the next four years - only allow a certain percentage of those properties to be rented at market rent. Affordable rented and fair rented properties are significantly lower than the market rate. This could be as low as £300 a month for a one bed flat.
At rental prices an estate that size would take over 60 years just to pay back the construction costs, let alone managing them and the carrying out the required maintainence.
For my property portfolio I can't wait to be able to ring up and ask for two number 6, one number 24 and egg fried rice...
Let yourself down there
You too, Greenie
It's not hard to see that that form of humour stopped being acceptable at some point in the 80s. If you can't see that, then that's on you, too.
Would I be right in saying you couldn't understand why Ron Atkinson got the boot from TV and thought Gray and Keys were hard done by?
Respect people who still have that mentality as relics from the past but am afraid that to function well in the modern world you'll have to update your perceptions a bit.
For my property portfolio I can't wait to be able to ring up and ask for two number 6, one number 24 and egg fried rice...
Why would someone flag this??? Pathetic really!
Because I am Chinese and think this is not acceptable. Just lazy racial sterotyping in my view. Is that ok enough?
So when the article refers to them being modular, constructed offsite, quick, cheap and transported to their final destination it's not an ingenious variation on that very efficient Chinese food innovation we all love so much, the takeaway ? Damn, I thought it was too good to be true. I'm not buying any now.
We are led to believe that modern materials and build standards are light years away from what went before. IF this build can clear planning before the 22nd Century, then I suspect this this is the way to go for socially rented housing.
For my property portfolio I can't wait to be able to ring up and ask for two number 6, one number 24 and egg fried rice...
Why would someone flag this??? Pathetic really!
Because I am Chinese and think this is not acceptable. Just lazy racial sterotyping in my view. Is that ok enough?
So when the article refers to them being modular, constructed offsite, quick, cheap and transported to their final destination it's not an ingenious variation on that very efficient Chinese food innovation we all love so much, the takeaway ? Damn, I thought it was too good to be true. I'm not buying any now.
We are led to believe that modern materials and build standards are light years away from what went before. IF this build can clear planning before the 22nd Century, then I suspect this this is the way to go for socially rented housing.
Completely agree. We seem to look down our noses at anything that isn't brick built in this country but the truth is we have a mass shortage of housing stock and something needs to be done quickly. Unfortunately I suspect that even as good as these homes may be planning controls and bureaucracy will hold back any potential these may have.
For my property portfolio I can't wait to be able to ring up and ask for two number 6, one number 24 and egg fried rice...
Why would someone flag this??? Pathetic really!
Because I am Chinese and think this is not acceptable. Just lazy racial sterotyping in my view. Is that ok enough?
So when the article refers to them being modular, constructed offsite, quick, cheap and transported to their final destination it's not an ingenious variation on that very efficient Chinese food innovation we all love so much, the takeaway ? Damn, I thought it was too good to be true. I'm not buying any now.
Given the amount of thought you put into that answer you can have the point.
For my property portfolio I can't wait to be able to ring up and ask for two number 6, one number 24 and egg fried rice...
Why would someone flag this??? Pathetic really!
Because I am Chinese and think this is not acceptable. Just lazy racial sterotyping in my view. Is that ok enough?
So when the article refers to them being modular, constructed offsite, quick, cheap and transported to their final destination it's not an ingenious variation on that very efficient Chinese food innovation we all love so much, the takeaway ? Damn, I thought it was too good to be true. I'm not buying any now.
Given the amount of thought you put into that answer you can have the point.
Thank you. Can I keep the flag ? I'm collecting them
The problem with house building is that it HA developments are almost entirely off the back of new build for sale. A new development project will have 15-20% affordable tucked away at the back of an estate, which in the South will be £500k+ houses. We need to have whole estates built specifically for rental. Whether they are flat-packed or built by Chinese is irrelevant.
Problem is as a Housing Association, you build an estate with 50 houses and 450 flats purely for rent, the current rent controls - which are actually coming down by 1% pa over the next four years - only allow a certain percentage of those properties to be rented at market rent. Affordable rented and fair rented properties are significantly lower than the market rate. This could be as low as £300 a month for a one bed flat.
At rental prices an estate that size would take over 60 years just to pay back the construction costs, let alone managing them and the carrying out the required maintainence.
I have no visibility on returns for HA rentals but I do know that affordable housing is sold at a (small) profit by construction companies - I worked at one for 5 years. Your 60 year scenario would put the rental of a one bed flat in Greater London at about £250 per month which is frankly nonsense. I doubt £300 is ball park. Can a renter comment? This also ignores the savings to be made if councils use their own land rather than sell it off.
For my property portfolio I can't wait to be able to ring up and ask for two number 6, one number 24 and egg fried rice...
Let yourself down there
You too, Greenie
It's not hard to see that that form of humour stopped being acceptable at some point in the 80s. If you can't see that, then that's on you, too.
Would I be right in saying you couldn't understand why Ron Atkinson got the boot from TV and thought Gray and Keys were hard done by?
Respect people who still have that mentality as relics from the past but am afraid that to function well in the modern world you'll have to update your perceptions a bit.
You patronising arsehole. Why on earth would I care about your opinion?
If I made what I deemed to be an innocent joke, and later discovered it had offended someone because I'd referred to their race, I would be mortified, and would apologise immediately. It might not have been intended to hurt, but it wouldn't be my call to decide if it had indeed caused offence.
Not everything has to be an argument. Sometimes you can just say "damn, I'm sorry pal. No offence intended," and move on.
If I made what I deemed to be an innocent joke, and later discovered it had offended someone because I'd referred to their race, I would be mortified, and would apologise immediately. It might not have been intended to hurt, but it wouldn't be my call to decide if it had indeed caused offence.
Not everything has to be an argument. Sometimes you can just say "damn, I'm sorry pal. No offence intended," and move on.
I'm sorry, you must be new here, welcome to the Internet.
One client is working with developer who's plan is to build homes for sale at 10% above cost.
Anyone can buy them but when they sell they can only be sold at the original price plus wage inflation.
So they stay affordable to those on low wages and aren't of interest to speculaters or investors only people looking for a home.
Might work. He still makes a profit, housing stock increases, house price inflation reduced.
I don't pretend to know very much about this but building dwellings that have a life expectancy of thirty years seems like a cheap fix to a serious problem. I'm convinced it will help but medium to long term ?
We probably need an expert on these types of builds to inform of just how long they will last in any sort of decent condition.
I'm glad someone got offended by the Chinese takeaway joke. It means we can never expect to read about the British having shit teeth and enjoy queuing, the French surrendering, the Germans putting towels down early, Koreans eating dogs, Irish being pissheads, Americans being fat and relating anything Indian to curry on here ever again.
Comments
'No you're not'
Well done everyone, racism solved 2016! And with two weeks to spare!
At rental prices an estate that size would take over 60 years just to pay back the construction costs, let alone managing them and the carrying out the required maintainence.
You too, Greenie
It's not hard to see that that form of humour stopped being acceptable at some point in the 80s. If you can't see that, then that's on you, too.
Would I be right in saying you couldn't understand why Ron Atkinson got the boot from TV and thought Gray and Keys were hard done by?
Respect people who still have that mentality as relics from the past but am afraid that to function well in the modern world you'll have to update your perceptions a bit.
Everything here is proper top quality, nothing breaks, ever.
This also ignores the savings to be made if councils use their own land rather than sell it off.
http://news.bbc.co.uk/onthisday/hi/dates/stories/may/16/newsid_2514000/2514277.stm
My late father attended the incident.
Why on earth would I care about your opinion?
Not everything has to be an argument. Sometimes you can just say "damn, I'm sorry pal. No offence intended," and move on.
Anyone can buy them but when they sell they can only be sold at the original price plus wage inflation due to a covenent that also prevents renting.
So they stay affordable to those on low wages and aren't of interest to speculaters or investors only people looking for a home.
Might work. He still makes a profit, housing stock increases, house price inflation reduced.
As for selling, sit on them long enough and that problem would no doubt get challenged and go away
We probably need an expert on these types of builds to inform of just how long they will last in any sort of decent condition.
https://www.theguardian.com/society/2016/dec/14/london-uk-housing-crisis-lewisham-pop-up-homes-ladywell-development