{"id":146667,"date":"2024-08-04T14:00:25","date_gmt":"2024-08-04T07:00:25","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housebuilding-is-a-route-to-bigger-better-homes-for-all-not-just-the-rich-torsten-bell\/"},"modified":"2024-08-08T17:09:45","modified_gmt":"2024-08-08T10:09:45","slug":"housebuilding-is-a-route-to-bigger-better-homes-for-all-not-just-the-rich-torsten-bell","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housebuilding-is-a-route-to-bigger-better-homes-for-all-not-just-the-rich-torsten-bell\/","title":{"rendered":"Housebuilding is a route to bigger, better homes for all, not just the rich | Torsten Bell"},"content":{"rendered":"


\nWhile 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 1% increase in housing stock drives a 2%\u00a0fall in house prices or rents \u2013 remember, housing costs for the average family have doubled from 9% to 17% of income since 1980.But there are other reasons to build. Often we forget how much new building affects the quality of housing, not just the price. The amount of floor space the average private renter has is down 16% since the 90s \u2013 equivalent to a city the size of Nottingham. People rent dilapidated and hard-to-heat homes because they have no choice \u2013 with too few properties meaning no competition between landlords to up their game. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Housebuilding is a route to bigger, better homes for all, not just the rich | Torsten Bell<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

While a 1% rise in housing stock drives down prices and rents, Swedish research shows...<\/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-146667","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-C9B","jetpack-related-posts":[{"id":51380,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weak-jobs-market-continues-to-affect-demand-for-luxury-housing-in-abu-dhabi\/","url_meta":{"origin":146667,"position":0},"title":"Weak jobs market continues to affect demand for luxury housing in Abu Dhabi","date":"April 9, 2017","format":false,"excerpt":"\r Continued weakness in the Abu Dhabi economy is forcing more property investors to become \"accidental landlords\", as they are unable to sell units that are nearing completion at a profit, according to a new report by Cluttons.These investors' willingness to offer more flexible terms to potential tenants to secure\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25069,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/riyadh-rents-increase-as-population-growth-outpaces-available-homes\/","url_meta":{"origin":146667,"position":1},"title":"Riyadh rents increase as population growth outpaces available homes","date":"September 5, 2016","format":false,"excerpt":"\r Annual rents in Saudi Arabia's capital Riyadh have risen to an average of26,935 Saudi riyals (Dh26,377) as the city's population has grown far quicker than the number of new homes built.According to property broker Chestertons, which has opened its first offices in Saudi Arabia with Saudi partner Medad Valuation\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128397,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-guardian-view-on-housing-costs-a-grave-and-growing-injustice-editorial\/","url_meta":{"origin":146667,"position":2},"title":"The Guardian view on housing costs: a grave and growing injustice | Editorial","date":"August 1, 2022","format":false,"excerpt":"\r Levelling up will be impossible as long as rents and house prices are allowed to keep on climbingThe housing prospects facing the roughly one-third of British people who do not own their own homes continue to get worse. Hopes that the pandemic would lead to an easing of pressures,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38588,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-rents-to-fall-in-2017-as-new-homes-come-to-market\/","url_meta":{"origin":146667,"position":3},"title":"Dubai rents to fall in 2017 as new homes come to market","date":"December 19, 2016","format":false,"excerpt":"\r Thousands of new homes mushrooming up in Dubai's new suburbs and a continued economic slowdown will keep rents falling in 2017, brokers predict.According to property broker Core Savills, housing rents in Dubai's suburbs could fall by up to 4 per cent next year after dipping by up to 5\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146745,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/social-housing-rents-to-rise-as-part-of-uk-push-to-build-affordable-homes\/","url_meta":{"origin":146667,"position":4},"title":"Social housing rents to rise as part of UK push to build affordable homes","date":"August 21, 2024","format":false,"excerpt":"\r Rachel Reeves works on plan for 10-year formula to give councils and housing associations certaintySocial housing rents will rise by more than inflation over the next decade as part of UK government plans to boost affordable housebuilding and shore up the finances of struggling landlords.The chancellor, Rachel Reeves, is\u2026","rel":"","context":"In "Property News"","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":146667,"position":5},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146667"}],"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=146667"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146667\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146667"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}