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Something is very wrong with the UK housing market. It is completely detached from reality, usually because NIMBYS still manage to block new houses from getting
by happymellon 5y ago
Something is very wrong with the UK housing market. It is completely detached from reality, usually because NIMBYS still manage to block new houses from getting built.
It's changing now as land that was allocated for housing usually gets central government overriding permission to local authorities.
The process is currently:
- Building company submit plans for housing
- NIMBYS reject it because it's a flood plain. (They always magically become flood plains)
- Building company submit alternative plans that are much nicer, give a lot more to the community and build public services.
- NIMBYS get it rejected again
- Building firm go to central government and just get approval for massive housing development which is most worse that the original plan.
Hopefully all these additional houses will reduce the pressure on the housing market but we are hundreds of thousand houses short of required stock for our current population. We have people living long term in hotels because the government can't make them homeless.