Can Labour Fix the Housing Crisis?

Friends of mine who work in town planning say that when planning permission is granted, developers often just sit on those plans for years, waiting for prices to go up. There needs to be a requirement to start building with a set period (I would say 6 months or a year) or lose the permission - "Use it or lose it".

I generally don't like labour or a range of policies, but going to war with nimbys to increase housing and reduce house prices has my full and loud support.

There needs to be serious changes, the cost of houses is just insane. I've just bought my first house for £180k. Its only a small terraced house and when I checked the land registry it sold for £65k in 2011.

We need a mix of housing. Apartments, town houses mixed density stuff, not just endless suburbs.

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Thing is, what most urban areas need isn't single-family homes, it's low-rise medium density housing. Not the brutalist horrors of the 60s/70s, but good quality apartments, and these need to be encouraged. Equally, unless practices like land banking are ended, the issue won't be solved.

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Countries like singapore and switzerland have fixed additional fees for people buying their second property, third, and so on (scaling up) to deter landlord markets. Surprising no one has proposed the same here.

I live in dorset and the NIMBY problem here is insane. Literally everything from houses to sustainable energy gets protested against.

Not a fan of Labour on a plethora of issues. If they manage to defeat the NIMBYs on housing and infrastructure and get the country building, they’ll likely have my support for a decade.

Depending where you get your statistics, the UK has at least 250,000 houses literally empty as investment property. Some estimates put that closer to 700,000. There's your problem... Thats more empty houses than homeless people...

Hopefully they go hard and set an example. The lack of action across the west on this issue has been criminal.

Japan doesn't have a housing crisis. It's because housing is not treated as a commodity but as a utility and therefore has a depreciating price like a car, this is really good because it ends the housing scam.

The problem is that developers need to be incentivised to build on the land they have permissions for in a timely fashion rather the sitting on that land and allowing it to appreciate in value. NIMBYism is also a massive problem. It's why my home town never got a tram system despite nearly 30 years of planning and promises. As someone who is looking to buy a house and start a family in the next few years, I'm not exactly hopeful, though I'd like to be proven wrong.

As a student, I'm actively seeing the impacts of the crisis, looking forward to change :)

Fingers crossed for changes. More importantly though, fingers crossed for Labour to not be in kahoots with housing holding companies. That would basically be a guarantee of demand subsidies which in turn would raise prices.

All this will result in is more land with planning permission, the idea that housing developers are actually going to increase supply to a point where house prices come down is quite frankly deluded. House builders need to be legally bound to deliver the housing within a reasonable time frame after gaining permission or lose the permission. There are already such constraints, but developer can continually renew the permission. There is already planning permission for years worth of house building and developers have increased their average profits by a staggering 1000% in the last few years by restricting building. And finally in order to do this do we actually have the workforce?

We haven't built enough houses sonce 1975 when we stopped local authority large scale building. It is not an accident

House building is all well and good, and definitely needed, but I think the UK needs a drastic change in attitude towards home ownership in general. Why are landlords allowed to charge their tenants upwards of 50% of their take home income, fail to reinvest it into that property, and instead buy up more properties to do the same thing to? Housing is seen as a money making endeavour and not a human necessity thanks to Thatcher and her policies. I really think we need to limit personal and corporate landlordism to get prices down to allow people to own their own homes and decrease the rental portion of their incomes.

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