{"id":136682,"date":"2023-05-14T23:27:16","date_gmt":"2023-05-14T16:27:16","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/increased-housebuilding-will-not-benefit-young-buyers-letters\/"},"modified":"2023-05-14T23:39:16","modified_gmt":"2023-05-14T16:39:16","slug":"increased-housebuilding-will-not-benefit-young-buyers-letters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/increased-housebuilding-will-not-benefit-young-buyers-letters\/","title":{"rendered":"Increased housebuilding will not benefit young buyers | Letters"},"content":{"rendered":"<p>&#013;<br \/>\nJohn Worrall says developers will not boost supply to the point where they have to drop prices and Alan Horne thinks a complete reset on housing policy is requiredGaby Hinsliff says that \u201cmost Britons now accept the case for more housebuilding\u201d (Britain\u2019s nimby homeowners: do you really want your children living with you for ever? 12 May). However, developers will not increase supply to the point where they have to drop prices. They might say they will, but that is a ploy to get more planning consents. \u201cSell one, build one\u201d was always \u2013 and remains \u2013 the creed.With average house prices now at around nine times average earnings, prices would need to roughly halve across the entire market to become affordable for unendowed adults forced to live with their parents. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/society\/2023\/may\/14\/increased-housebuilding-will-not-benefit-young-buyers\" target=\"_blank\" rel=\"noopener\">Increased housebuilding will not benefit young buyers | Letters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; John Worrall says developers will not boost supply to the point where they have to&#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-136682","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-zyy","jetpack-related-posts":[{"id":12068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-of-40-in-prime-london-housebuilding\/","url_meta":{"origin":136682,"position":0},"title":"Rise of 40% in prime London housebuilding","date":"May 7, 2016","format":false,"excerpt":"\r Developers plough ahead despite falling prices for luxury homes\r \r Source : ft.com\r Read more...Rise of 40% in prime London housebuilding","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146667,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housebuilding-is-a-route-to-bigger-better-homes-for-all-not-just-the-rich-torsten-bell\/","url_meta":{"origin":136682,"position":1},"title":"Housebuilding is a route to bigger, better homes for all, not just the rich | Torsten Bell","date":"August 4, 2024","format":false,"excerpt":"\r While a 1% rise in housing stock drives down prices and rents, Swedish research shows it also boosts space for those on low incomesOne of the reasons I support building more homes is it will help bring down housing costs if we keep at it. Government research finds a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50011,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prices-drive-slump-in-central-london-housebuilding\/","url_meta":{"origin":136682,"position":2},"title":"Prices drive slump in central London housebuilding","date":"March 29, 2017","format":false,"excerpt":"\r Starts in heart of capital fall 75% as construction costs outpace likely returns\r \r Source : ft.com\r Read more...Prices drive slump in central London housebuilding","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36548,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housebuilding-is-up-but-what-type-of-homes-are-being-built\/","url_meta":{"origin":136682,"position":3},"title":"Housebuilding is up \u2013 but what type of homes are being built?","date":"November 30, 2016","format":false,"excerpt":"\r Housing stock is growing, office conversions are increasingly popular, but new social housing completions are much less healthyAny discussion on the UK housing crisis invariably jumps straight to housebuilding: build more houses, and house prices and rents will fall, proponents claim. The recent Labour-commissioned Redfern Report argues it\u2019s a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85648,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-prices-and-rent-in-england-to-surge-by-2020-warns-report\/","url_meta":{"origin":136682,"position":4},"title":"House prices and rent in England to surge by 2020, warns report","date":"July 22, 2013","format":false,"excerpt":"\r Housing federation says 3.7m young people will be forced to live with parents as housebuilding and wages lag behindHouse prices in England will soar by 42% by 2020 and rents will rise by even more, according to a report from the National Housing Federation which warns of the \"colossal\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19824,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sharp-fall-in-uk-housebuilding-drags-down-construction-sector\/","url_meta":{"origin":136682,"position":5},"title":"Sharp fall in UK housebuilding drags down construction sector","date":"July 15, 2016","format":false,"excerpt":"\r Fears of worse to come with 2.1% fall blamed on housebuilding contraction, cuts to council repairs and firms shelving projects ahead of EU pollA sharp fall in housebuilding ahead of the EU referendum dragged down the construction sector in May as firms mothballed projects and delayed new work.Housing construction\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\/136682"}],"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=136682"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136682\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=136682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=136682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=136682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}