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Post by David Boothroyd on Nov 28, 2020 14:39:12 GMT
The deft political touch of Shaun Bailey continues. Just as Panorama reports on the way shared ownership housing becomes unaffordable (https://www.bbc.co.uk/programmes/m000pk2b), Bailey announces he wants to switch funding from social rented housing (which we know works) to promote shared ownership homes.
The economics of this proposal are bats. It will mean fewer homes, make housing less affordable, increase homelessness, and lumber lots of families with homes they can't sell.
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J.G.Harston
Lib Dem
Leave-voting Brexit-supporting Liberal Democrat
Posts: 7,825 
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Post by J.G.Harston on Nov 28, 2020 16:41:30 GMT
The deft political touch of Shaun Bailey continues. Just as Panorama reports on the way shared ownership housing becomes unaffordable (https://www.bbc.co.uk/programmes/m000pk2b), Bailey announces he wants to switch funding from social rented housing (which we know works) to promote shared ownership homes. The economics of this proposal are bats. It will mean fewer homes, make housing less affordable, increase homelessness, and lumber lots of families with homes they can't sell. Isn't he six billion quid short? And where's he going to put them? I would have thought that problem with London isn't lack of housing, it's lack of space. |
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neilm
Non-Aligned
Posts: 17,710
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London
Nov 28, 2020 18:10:48 GMT
Post by neilm on Nov 28, 2020 18:10:48 GMT
The deft political touch of Shaun Bailey continues. Just as Panorama reports on the way shared ownership housing becomes unaffordable (https://www.bbc.co.uk/programmes/m000pk2b), Bailey announces he wants to switch funding from social rented housing (which we know works) to promote shared ownership homes. The economics of this proposal are bats. It will mean fewer homes, make housing less affordable, increase homelessness, and lumber lots of families with homes they can't sell. Isn't he six billion quid short? And where's he going to put them? I would have thought that problem with London isn't lack of housing, it's lack of space. Depends how he's financing them really. If he's using money from the sale of early builds to pay for the construction of later ones then it's possible. Depends on the velocity of money in this (entirely artificial) market. |
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neilm
Non-Aligned
Posts: 17,710
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London
Nov 28, 2020 18:22:55 GMT
Post by neilm on Nov 28, 2020 18:22:55 GMT
The deft political touch of Shaun Bailey continues. Just as Panorama reports on the way shared ownership housing becomes unaffordable (https://www.bbc.co.uk/programmes/m000pk2b), Bailey announces he wants to switch funding from social rented housing (which we know works) to promote shared ownership homes. The economics of this proposal are bats. It will mean fewer homes, make housing less affordable, increase homelessness, and lumber lots of families with homes they can't sell. Do you have a copy of the detailed proposal? I haven't seen one but I admit that I've not looked. The other issues I will come back to when I've watched Panorama, but if they're to do with service charges, liability for repairs and so on, then they are easy to address and ultimately not a problem inherent with the concept. |
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Post by David Boothroyd on Nov 28, 2020 19:11:25 GMT
I am not sure there is a detailed proposal. And taking a look at the polls, I wouldn't advise that drawing one up is really a good use of time.
Shared ownership may work in some places but it definitely does not work in London, especially not inner London (even Westminster Council implicitly accepts that - shared ownership is being downplayed as part of intermediate housing programme). The homebuyers do not just have responsibility for property maintenance, they also have to pay rent on the part of the property they don't own. Bailey's "£100k" purchase cost is highly affordable - but only if mortgage providers are willing to lend. The owners are also required to pay service charges, major works bills and a monthly rent which means they will have to be earning a pretty large amount.
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Post by East Anglian Lefty on Nov 29, 2020 20:35:23 GMT
The deft political touch of Shaun Bailey continues. Just as Panorama reports on the way shared ownership housing becomes unaffordable (https://www.bbc.co.uk/programmes/m000pk2b), Bailey announces he wants to switch funding from social rented housing (which we know works) to promote shared ownership homes. The economics of this proposal are bats. It will mean fewer homes, make housing less affordable, increase homelessness, and lumber lots of families with homes they can't sell. Is it based on the Tory plans for £100k houses in Cambridgeshire? The few that have got planning permission her are pretty crappy one-bed flats in areas where there's no demand for them and they're significantly lowering the number of affordable units those areas are getting. That said, they're in those areas because those are the only places land is cheap enough. Surely it wouldn't work in London? I'm also somewhat sceptical that Shaun Bailey went straight from homelessness to putting down a deposit on a shared ownership property. |
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myth11
Non-Aligned
too busy at work!
Posts: 1,719
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London
Dec 11, 2020 17:53:21 GMT
Post by myth11 on Dec 11, 2020 17:53:21 GMT
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john07
Labour & Co-operative
Posts: 11,877
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London
Dec 11, 2020 19:42:21 GMT
via mobile
Post by john07 on Dec 11, 2020 19:42:21 GMT
London may want to give Labour a kicking and we could see Labour lose AMs like Andrew Dismore. Andrew Dismore is retiring. Andy is an old pal of mine. Or was back in the 1980s! |
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alien8ted
Independent
I refuse to be governed by fear.
Posts: 3,715
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Post by alien8ted on Dec 11, 2020 20:57:37 GMT
Who wants to go to London anyway. Regional cities can offer more or less everything it does anyway. Plus once covid is over it'll boost regional arts and entertainment. Let him go ahead, let London **** itself over. |
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London
Dec 12, 2020 0:34:34 GMT
via mobile
john07 likes this
Post by Devil Wincarnate on Dec 12, 2020 0:34:34 GMT
Andrew Dismore is retiring. Andy is an old pal of mine. Or was back in the 1980s! Bought me a pint once. |
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London
Dec 12, 2020 0:37:40 GMT
via mobile
myth11 likes this
Post by Devil Wincarnate on Dec 12, 2020 0:37:40 GMT
I made a point the other day that Northerners like to moan about Crossrail etc, and that it is a bit embarrassing. Khan seems to be making just as ridiculous an assertion. |
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Post by David Boothroyd on Dec 12, 2020 1:37:30 GMT
It isn't ridiculous to say that London pays far more in tax than it gets out of central government, and it isn't ridiculous to suggest that more of this should be hypothecated.
It is ridiculous to argue that we would somehow help the North by taking down London. And some people have been making that argument.
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London
Dec 12, 2020 1:53:23 GMT
Post by independentukip on Dec 12, 2020 1:53:23 GMT
It isn't ridiculous to say that London pays far more in tax than it gets out of central government, and it isn't ridiculous to suggest that more of this should be hypothecated. It is ridiculous to argue that we would somehow help the North by taking down London. And some people have been making that argument. You and your friend Aiken want to bring down London just as much as you want to bring down the rest of the UK. Your actions demonstrate that you, she and others have criminal responsibility and that you must all be held to account. |
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Post by David Boothroyd on Dec 12, 2020 1:54:54 GMT
That is definitely the first time I've been accused of being in a criminal conspiracy with the Conservative ex-leadeer of Westminster City Council.
You are utterly bonkers.
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London
Dec 12, 2020 2:17:06 GMT
Post by independentukip on Dec 12, 2020 2:17:06 GMT
That is definitely the first time I've been accused of being in a criminal conspiracy with the Conservative ex-leadeer of Westminster City Council. You are utterly bonkers. I recall successful prosecutors at the ICTY regard those who do not have the remotest knowledge of each other to be in fact engaged in criminal conspiracies together. So the precedence is set in international law as to your association with the criminal Aiken. If you wish to say that Aiken is wrong and that all restriction should immediately cease within Westminster that will go to your considerable credit. |
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john07
Labour & Co-operative
Posts: 11,877
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Post by john07 on Dec 12, 2020 2:25:40 GMT
That is definitely the first time I've been accused of being in a criminal conspiracy with the Conservative ex-leadeer of Westminster City Council. You are utterly bonkers. I recall successful prosecutors at the ICTY regard those who do not have the remotest knowledge of each other to be in fact engaged in criminal conspiracies together. So the precedence is set in international law as to your association with the criminal Aiken. If you wish to say that Aiken is wrong and that all restriction should immediately cease within Westminster that will go to your considerable credit. Are you applying to join the Monster Raving Loonie Party? I think we should be told? |
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London
Dec 12, 2020 2:52:26 GMT
Post by independentukip on Dec 12, 2020 2:52:26 GMT
I recall successful prosecutors at the ICTY regard those who do not have the remotest knowledge of each other to be in fact engaged in criminal conspiracies together. So the precedence is set in international law as to your association with the criminal Aiken. If you wish to say that Aiken is wrong and that all restriction should immediately cease within Westminster that will go to your considerable credit. Are you applying to join the Monster Raving Loonie Party? I think we should be told? No, but they couldn't do worse than the criminal Labour and Tory parties. |
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London
Dec 12, 2020 3:05:57 GMT
Post by independentukip on Dec 12, 2020 3:05:57 GMT
Plus once covid is over it'll boost regional arts and entertainment. Van Tam has made clear Covid 19 will never be over in the UK. The Government has made clear the restrictions will never end until Covid 19 ceases to exist in the UK. Therefore the 'new normal' is permanent and there will be no 'boost' for regional arts and entertainment. Accept the programme or resist. There seems no middle way. |
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Post by Admin Twaddleford on Dec 12, 2020 16:09:47 GMT
That is definitely the first time I've been accused of being in a criminal conspiracy with the Conservative ex-leadeer of Westminster City Council. You are utterly bonkers. I recall successful prosecutors at the ICTY regard those who do not have the remotest knowledge of each other to be in fact engaged in criminal conspiracies together. So the precedence is set in international law as to your association with the criminal Aiken. If you wish to say that Aiken is wrong and that all restriction should immediately cease within Westminster that will go to your considerable credit. Having read a few of the posts leading up to this point, I would like to remind forum members to refrain from issuing claims of criminality against other unless they happen to have substantial evidence at hand (e.g. court records of a conviction being handed down), especially seeing as such claims could be construed at libellous. |
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Post by timrollpickering on Dec 20, 2020 13:26:53 GMT
We missed this last month but Gita Sidhu-Robb has now been expelled from the Lib Dems:
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