On Mon, 7 Jul 2014 10:55:28 +0100, "tim....."
wrote:
"Recliner" wrote in message
...
Robin9 wrote:
tim.....;143531 Wrote:
"Recliner" wrote in message
...-
Basil Jet wrote:-
;-(-
I guess it's worth much more as land for building.-
Only if someone else pays for all the infrastructure improvements to get
people to where there are jobs.
Thanet is a sea of low priced housing and next to zero jobs (and high
deprivation). You aren't going to find many buyers for "estate" houses
at
much above "build" costs unless they can find work in the area or have
good
access to London.
neither of which are the case here.
People who think that they can build 10,000 houses in this location and
sell
them for 150-200K each to unwaged/unemployed/retired, are living in
cloud
cuckoo land.
tim
As many London Local Authorities have noticed that "exporting" their
council
tenants is cheaper than housing them in London, it might possible to
sell the
whole 10,000 to London Boroughs.
In any case, it's 1,000, not 10,000 homes.
The 1000 is the planning request already put in for houses that could be
built with the airport remaining open.
10,000 is an estimate for the whole site (and therefore a reflection of the
potential value of the land) if it remains closed (which it probably will)
Presumably if they do apply for permission to build thousands of new
homes, the developers will also be required to fund infrastructure
improvements (planning gains), including roads, schools, public
transport, and all the rest.