{"id":1122,"date":"2016-01-11T02:27:29","date_gmt":"2016-01-10T19:27:29","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-starter-homes-stop-them-now-editorial\/"},"modified":"2016-01-11T02:54:47","modified_gmt":"2016-01-10T19:54:47","slug":"the-guardian-view-on-starter-homes-stop-them-now-editorial","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-starter-homes-stop-them-now-editorial\/","title":{"rendered":"The Guardian view on starter homes: stop them now | Editorial"},"content":{"rendered":"<p>&#013;<br \/>\nA policy supposed to spread house ownership more widely will end up bribing the rich with taxes on the poorAfter presiding over a housing crisis for five years, David Cameron is now giving it both metaphorical barrels. On Monday, he is launching a project to redevelop 100 of the worst estates in England. This is in response, he says, to the part bad housing plays in drug abuse, crime and family breakdown. The old, high-rise estates will be replaced, largely with private funding, with new low-rise homes built at a higher density. The private sector will get a share of the new homes to sell. At the end of the process, there will be less social housing.But some of the homes will be marketed as \u201caffordable\u201d. This is part of the prime minister\u2019s big new idea of starter homes, which he says will revolutionise Britain\u2019s residential market. He could be right \u2013 but not in the way he imagines. Starter homes have the potential to upend Britain\u2019s housing market: not by bringing more homes onto the market \u2013 but by making them even more expensive. The policy will pump billions of public money into building accommodation that only the rich will be able to afford. It is a bargain for the wealthy and the big developers. For everyone else, it is expensive and unjust. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/commentisfree\/2016\/jan\/10\/the-guardian-view-on-starter-homes-stop-them-now\" target=\"_blank\">The Guardian view on starter homes: stop them now | Editorial<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; A policy supposed to spread house ownership more widely will end up bribing the rich&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-1122","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-i6","jetpack-related-posts":[{"id":98627,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-state-homes-be-lumped-into-big-housing-estates-or-blended-into-the-community\/","url_meta":{"origin":1122,"position":0},"title":"Should state homes be lumped into big housing estates or blended into the community?","date":"September 27, 2018","format":false,"excerpt":"\r Should Auckland's public houses be lumped together in big housing estates or should they be blended into the community?That was the debate former Labour politician John Tamihere tried to ignite today when he spoke to an Auckland...\r \r Source : nzherald.co.nz\/Property\r Read more...Should state homes be lumped into big\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124441,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/annington-homes-offers-105mn-to-settle-mod-housing-estates-claim\/","url_meta":{"origin":1122,"position":1},"title":"Annington Homes offers \u00a3105mn to settle MoD housing estates claim","date":"February 2, 2022","format":false,"excerpt":"\r Guy Hands\u2019 company threatens legal action if UK government fails to drop its litigation\r \r Source : ft.com\r Read more...Annington Homes offers \u00a3105mn to settle MoD housing estates claim","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17120,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jumeirah-golf-estates-awards-mid-market-homes-contract-to-dubai-based-sumer-contracting-company\/","url_meta":{"origin":1122,"position":2},"title":"Jumeirah Golf Estates awards mid-market homes contract to Dubai-based Sumer Contracting Company","date":"June 20, 2016","format":false,"excerpt":"\r Jumeirah Golf Estates (JGE) has awarded a contract to build 728 mid-market homes to Dubai-based Sumer Contracting Company as part of its strategy to build more \"affordable homes\" at its DP World Tour Championship golf course development.The developer, which has been owned by the Dubai government since the global\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172334,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/k-shaped-economy-shows-up-in-housing-luxury-sales-rise-as-starter-home-buyers-struggle\/","url_meta":{"origin":1122,"position":3},"title":"K-shaped economy shows up in housing: Luxury sales rise as starter-home buyers struggle","date":"August 7, 2026","format":false,"excerpt":"\r Even as luxury homes fly off the market, sales of starter homes are down despite growing inventory and more price cuts, research shows.\r \r Source : cnbc.com\r Read more...K-shaped economy shows up in housing: Luxury sales rise as starter-home buyers struggle","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103737,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-of-used-homes-in-hong-kong-gain-momentum-as-owners-slash-prices\/","url_meta":{"origin":1122,"position":4},"title":"Sales of used homes in Hong Kong gain momentum as owners slash prices","date":"February 7, 2019","format":false,"excerpt":"\r Sales of used homes on big housing estates in Hong Kong gained momentum last week as homeowners offered greater discounts and investment banks forecast house prices would hit a nadir in March. The number of transactions at 50 major housing estates, tracked by Ricacorp Properties, stayed above 100 for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106803,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sales-of-pre-owned-homes-in-hong-kong-surge-to-eight-year-high-as-panicked-buyers-rush-to-beat-rising-prices\/","url_meta":{"origin":1122,"position":5},"title":"Sales of pre-owned homes in Hong Kong surge to eight-year high as panicked buyers rush to beat rising prices","date":"May 3, 2019","format":false,"excerpt":"\r Panic buying of Hong Kong property has extended to the secondary market, with sales of pre-owned apartments surging to an eight-year high of HK$40.3 billion in April.The rise was fuelled by a flurry of activity in established housing estates where flats sold for record prices as buyers scrambled to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1122"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=1122"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/1122\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=1122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=1122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=1122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}