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Forums Home > Have Your Say !!!! > Housing requirement figures are ‘overestimated’ by 10,000

  

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Topic : Housing requirement figures are ‘overestimated’ by 10,000

Peter
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Posts : 5064

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09/03/2015 : 18:23:35      reply with quote


HOUSEBUILDING requirements for the Bradford District have been overestimated by more than 10,000 homes, claim opponents as they prepare go before a Government planning inspector over the district’s Local Plan.

Consultants hired by Bradford Council to conduct research underpinning the Core Strategy of its proposed new 15-year development policy have overestimated housing requirements, say local planning campaigners.

www.ilkleygazette.co.uk/news/11839461.Housing_requirement_figures_are____overestimated____by_10_000/
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ginjo
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Posts : 1419

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09/03/2015 : 19:04:57      reply with quote


just been on the news that leeds have done the same thing only overestimated by 30 plus thousand, apparently it depends on which stats you use, heard all that before!
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old_miner
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Posts : 770

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10/03/2015 : 07:44:12      reply with quote


Self interest at work again.

There is a national housing shortage.

However, if more houses are built it reduces the shortage of housing. More houses means the price of housing will fall. Currently the housing shortage is artificially over valuing the housing stock.

With an increased housing stock rents will also fall.

This is simple economics:shortage equals high price, surplus equals low price.

So for all those happy to welcome Aldi and falling fuel prices. Are you prepared to welcome falling house prices?
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