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#1
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On 24 Mar, 23:10, Adrian wrote:
On Mar 24, 4:00 pm, Dan G wrote: Anyone seen a more detailed costing of the scheme? *Why* is it costing so much more than other, not dissimilar, projects? In part it will cost a lot because it will be (or should be) engineered to a very high standard. The Jubilee Line extension is a pointer in that respect. But it is predicted to cost more than five times as much as the Jubilee Line extension ... You have clearly never lived in a city where good spacious (1,000 sq ft per person) affordable housing is available to middle class workers. Or, enjoyed one where a normal comfortable journey to work is 40 minutes or less. And how many people do you think will find good, spacious, affordable housing as a result of this line. It'll knock quarter of an hour, tops, off the journey onto London - are those fifteen minutes really deterring millions from moving to good, spacious, affordable housing? Ian |
#2
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The Real Doctor wrote:
On 24 Mar, 23:10, Adrian wrote: On Mar 24, 4:00 pm, Dan G wrote: Anyone seen a more detailed costing of the scheme? *Why* is it costing so much more than other, not dissimilar, projects? In part it will cost a lot because it will be (or should be) engineered to a very high standard. The Jubilee Line extension is a pointer in that respect. But it is predicted to cost more than five times as much as the Jubilee Line extension ... You have clearly never lived in a city where good spacious (1,000 sq ft per person) affordable housing is available to middle class workers. Or, enjoyed one where a normal comfortable journey to work is 40 minutes or less. And how many people do you think will find good, spacious, affordable housing as a result of this line. It'll knock quarter of an hour, tops, off the journey onto London - are those fifteen minutes really deterring millions from moving to good, spacious, affordable housing? Ian The only way to get good, spacious, affordable housing in Britain is to have a smaller population. It's gone up 50% in the past hundred years. |
#3
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On Tue, 25 Mar 2008 09:53:10 GMT, "Grumpy Old Man"
wrote: The only way to get good, spacious, affordable housing in Britain is to have a smaller population. It's gone up 50% in the past hundred years. There is that. The other option would be to become more like Germany and less London-centric. Serious tax breaks for locating employment in a city other than London would be a good start, and the Government should seriously look towards any new civil service jobs that don't *have* to be in London being somewhere else instead. The other problem (the "affordable" bit) is that houses should be to live in, not to invest in. Neil -- Neil Williams Put my first name before the at to reply. |
#4
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#5
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On Tue, 25 Mar 2008 12:21:21 +0000, Graeme Wall
wrote: They've been trying that since the 1950s at least, works well doesn't it? Do you propose that further growth of London is feasible, then? If you want to rent somewhere to live someone else has to invest in buying it in the first place. This is true, though the difference between rents and mortgages in many places suggests that there is not a correct balance. Neil -- Neil Williams Put my first name before the at to reply. |
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#7
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On Tue, 25 Mar 2008 13:38:58 +0000, Graeme Wall
wrote: Do you propose that further growth of London is feasible, then? I'd say it was inevitable. I'd say we should be doing our utmost to avoid it, unless it is things that can go on only in London. This is true, though the difference between rents and mortgages in many places suggests that there is not a correct balance. Which means? It is vastly cheaper to rent than buy on a monthly basis in many places these days. Certainly, in Milton Keynes one would pay about £500 per month to rent a one-bed flat but £700-800 per month to purchase it using a repayment mortgage. The main reason for this is that there is a glut of rental property on the market. Given the limited amount of property, this will necessarily cause purchase prices to rise. Neil -- Neil Williams Put my first name before the at to reply. |
#8
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On Mar 25, 9:53 am, "Grumpy Old Man"
wrote: The Real Doctor wrote: On 24 Mar, 23:10, Adrian wrote: On Mar 24, 4:00 pm, Dan G wrote: Anyone seen a more detailed costing of the scheme? *Why* is it costing so much more than other, not dissimilar, projects? In part it will cost a lot because it will be (or should be) engineered to a very high standard. The Jubilee Line extension is a pointer in that respect. But it is predicted to cost more than five times as much as the Jubilee Line extension ... You have clearly never lived in a city where good spacious (1,000 sq ft per person) affordable housing is available to middle class workers. Or, enjoyed one where a normal comfortable journey to work is 40 minutes or less. And how many people do you think will find good, spacious, affordable housing as a result of this line. It'll knock quarter of an hour, tops, off the journey onto London - are those fifteen minutes really deterring millions from moving to good, spacious, affordable housing? Ian The only way to get good, spacious, affordable housing in Britain is to have a smaller population. It's gone up 50% in the past hundred years. The housing crisis is more about the fact that everyone wants to live in their own home now, while before people were content to have their entire family live in the upstairs floor of a standard victorian terrace house. |
#9
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On Thu, 27 Mar 2008, lonelytraveller wrote:
On Mar 25, 9:53 am, "Grumpy Old Man" wrote: The Real Doctor wrote: On 24 Mar, 23:10, Adrian wrote: You have clearly never lived in a city where good spacious (1,000 sq ft per person) affordable housing is available to middle class workers. Or, enjoyed one where a normal comfortable journey to work is 40 minutes or less. And how many people do you think will find good, spacious, affordable housing as a result of this line. It'll knock quarter of an hour, tops, off the journey onto London - are those fifteen minutes really deterring millions from moving to good, spacious, affordable housing? The only way to get good, spacious, affordable housing in Britain is to have a smaller population. It's gone up 50% in the past hundred years. The housing crisis is more about the fact that everyone wants to live in their own home now, while before people were content to have their entire family live in the upstairs floor of a standard victorian terrace house. I don't think that's true. I don't remember people living like that in the 80s, when we didn't have a housing crisis. My understanding is that it's largely about people leaving home earlier, and getting married later (and less, and divorced more), which increases the ratio of households to people, and so drives up demand for housing, and thus its price. The advent of buy-to-let hasn't helped, particularly in hotspots like London, where a fair chunk of the supply of housing has been taken off the market and transferred to the rental market. Hence why rents are now 'so cheap', as people, who are conspicuously not paying my rent, tell me. tom -- Change happens with ball-flattening speed. -- Thomas Edison |
#10
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Tom Anderson wrote:
On Thu, 27 Mar 2008, lonelytraveller wrote: On Mar 25, 9:53 am, "Grumpy Old Man" wrote: The Real Doctor wrote: On 24 Mar, 23:10, Adrian wrote: You have clearly never lived in a city where good spacious (1,000 sq ft per person) affordable housing is available to middle class workers. Or, enjoyed one where a normal comfortable journey to work is 40 minutes or less. And how many people do you think will find good, spacious, affordable housing as a result of this line. It'll knock quarter of an hour, tops, off the journey onto London - are those fifteen minutes really deterring millions from moving to good, spacious, affordable housing? The only way to get good, spacious, affordable housing in Britain is to have a smaller population. It's gone up 50% in the past hundred years. The housing crisis is more about the fact that everyone wants to live in their own home now, while before people were content to have their entire family live in the upstairs floor of a standard victorian terrace house. I don't think that's true. I don't remember people living like that in the 80s, when we didn't have a housing crisis. My understanding is that it's largely about people leaving home earlier, and getting married later (and less, and divorced more), which increases the ratio of households to people, and so drives up demand for housing, and thus its price. The fact that the population is rising has an effect, too. The advent of buy-to-let hasn't helped, particularly in hotspots like London, where a fair chunk of the supply of housing has been taken off the market and transferred to the rental market. Hence why rents are now 'so cheap', as people, who are conspicuously not paying my rent, tell me. But the homes are still inhabited, the only difference is they pay rent instead of the mortgage. |
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