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Peacehaven & Newhaven here are the plans for all the new homes

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Herr Tubthumper

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Jul 11, 2003
59,909
The Fatherland
It is, 200k will get you a two bedroom flat. 2 Bedroom Bungalow in Peacehaven is now about 250k. The trend is to demolish the older bigger bungalows here, and put two new build in it's place, but they never provide enough parking for the cars. Alternatively they extend existing bungalows, extend outwards, put a room in the roof and then slap a price tag of £499,000 on it, which is the case for a bungalow up the road.

Who in the hell can afford these sorts of prices, not local people I know that. These are London prices. As another poster mentioned London is eating up the South East. There has to be end to this all, the end being a massive price crash, then they will be complaining that there are too many empty properties like what has happened in Spain.

The UK is way too London centric. It drains the north of business, and the accommodation over spills into the south east. Both are issues.
 




Gwylan

Well-known member
Jul 5, 2003
31,393
Uffern
You really believe the more get built the lower they'll cost. Not really if the demand is high so will the price be..

Er... that's what I said. If the demand is higher than the supply then the price goes up; if the demand is lower than the supply, then the price goes up. That's basic economics. Take a look at the cost of houses in, say, Sunderland and Brighton. They're cities with very similar populations but a house in the centre of Brighton would probably be at least twice the price of an identical property in Sunderland: the raw materials will be the same price, the labour will have been roughly the same price, yet there's a huge differential because of demand
 


melias shoes

Well-known member
Oct 14, 2010
4,830
Er... that's what I said. If the demand is higher than the supply then the price goes up; if the demand is lower than the supply, then the price goes up. That's basic economics. Take a look at the cost of houses in, say, Sunderland and Brighton. They're cities with very similar populations but a house in the centre of Brighton would probably be at least twice the price of an identical property in Sunderland: the raw materials will be the same price, the labour will have been roughly the same price, yet there's a huge differential because of demand
No you didn't. You said the more get built the lower they'll cost. Which if the demand is high so will the price be no matter how many houses get built
 


Herr Tubthumper

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Jul 11, 2003
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The Fatherland
No you didn't. You said the more get built the lower they'll cost. Which if the demand is high so will the price be no matter how many houses get built

Er, he did.
 


Gwylan

Well-known member
Jul 5, 2003
31,393
Uffern
No you didn't. You said the more get built the lower they'll cost. Which if the demand is high so will the price be no matter how many houses get built

No, the price won't be high no matter how many houses get built. I believe that the B&H urban conurbation is expecting an increase of around 15,000 people in the next seven years - probably needing about 10,000 new homes to meet that demand. Yes, if we only build a few hundred, it won't make any difference to the price but if we built 20,000, you'd expect to see prices come down slightly and if we built 50,000 they'd come down quite a bit. Ask the speculators behind Spain's property boom whether prices will rise constantly, irrespective of the demand
 




RexCathedra

Aurea Mediocritas
Jan 14, 2005
3,500
Vacationland
The US has a population of 313 million, the UK has a population nearing 70 million, that in itself shows us how overpopulated we are becoming.
53% of the UK projected population through 2037 increase is due to natural increase. (Excess of births over deaths.)
47% of UK population increase is due to immigration.
It's an even split.
 


JJ McClure

Go Jags
Jul 7, 2003
10,864
Hassocks
53% of the UK projected population through 2037 increase is due to natural increase. (Excess of births over deaths.)
47% of UK population increase is due to immigration.
It's an even split.[/URL]

So both need to be addressed.
I'd suggest assisted suicide plus castrating chavs ought to bring down the natural increase in population. We'd then just need to sort out immigration and its problem solved.
 






We are not in a good situation when it comes to housing supply in this country and county!

http://england.shelter.org.uk/campaigns/get-building?pcfp=&submit=Find+out

Shelter.png-large.png

But some people have come up with some solutions:

http://www.thehomesweneed.org.uk
 


Mellor 3 Ward 4

Well-known member
Jul 27, 2004
9,850
saaf of the water
They wouldn't build them if they didn't think there was a market for them. The more properties there are, the more prices go down; the fewer there are, the more they go up. Not building them will not reduce prices for other properties one one little bit

Whilst the basic laws of supply and demand would seem to confirm your point, this is clearly not the case as far as housing is concerned in the South East.

Developers build a load of houses, they sell a house at say 200k, along comes the next development and they put them up for 220k and they sell too.

It appears that all house building does is raise the prices, as new stock always sells at higher than old for like for like properties.

I don't know the answers, as not building would mean an even greater increase, but building new properties certainly hasn't bought prices down.

We need to invest in the North, and North East, South Wales and the North west. Get more decent jobs up there and the South east may become less attractive maybe.
 


Trevor

In my Fifties, still know nothing
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Dec 16, 2012
2,184
Milton Keynes
Whilst the basic laws of supply and demand would seem to confirm your point, this is clearly not the case as far as housing is concerned in the South East.

Developers build a load of houses, they sell a house at say 200k, along comes the next development and they put them up for 220k and they sell too.

It appears that all house building does is raise the prices, as new stock always sells at higher than old for like for like properties.

I don't know the answers, as not building would mean an even greater increase, but building new properties certainly hasn't bought prices down.

We need to invest in the North, and North East, South Wales and the North west. Get more decent jobs up there and the South east may become less attractive maybe.
The price hasn't gone up because they are building houses. The demand is growing faster than supply
 




Gwylan

Well-known member
Jul 5, 2003
31,393
Uffern
The price hasn't gone up because they are building houses. The demand is growing faster than supply

Exactly. As Southover Seagull has posted we're not even close to meeting demand, so prices won't go down. But, as I posted earlier, it's not infinite - just look at Spain
 


Gregory2Smith1

J'les aurai!
Sep 21, 2011
5,476
Auch






BN9 BHA

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Jul 14, 2013
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Herr Tubthumper

Well-known member
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Jul 11, 2003
59,909
The Fatherland
so they're finally gonna build on the union

used to play football up there as a nipper

old newhaveners will know the sandpit up there

to be fair in the other list alot of those areas need rejuvenation anyway

I know the area very well. It's sad to see it go. I know the union well and I used to sledge on the bit which runs down to the bus stop on A259. Is the sandpit in amongst the trees?
 


Herr Tubthumper

Well-known member
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Jul 11, 2003
59,909
The Fatherland
so they're finally gonna build on the union

used to play football up there as a nipper

old newhaveners will know the sandpit up there

to be fair in the other list alot of those areas need rejuvenation anyway

Out of interest how old are you? I wonder if we know each other.
 






Gregory2Smith1

J'les aurai!
Sep 21, 2011
5,476
Auch
I know the area very well. It's sad to see it go. I know the union well and I used to sledge on the bit which runs down to the bus stop on A259. Is the sandpit in amongst the trees?

yes it was,although it's not that clear in the photo

there used to be quite a wide path where you could cut across the union from the A259 coming out at Northdown Road,it's still visable but looks overgrown
 




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