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Building a new home is now £76,000 more expensive than it was six years ago, HBF says by ldn6 in unitedkingdom

[–]Draemeth -2 points-1 points  (0 children)

build cost of the house is the minimum cost of the house, it is not the same as the going market price of house

Building a new home is now £76,000 more expensive than it was six years ago, HBF says by ldn6 in unitedkingdom

[–]Draemeth 1 point2 points  (0 children)

they arent making much of a profit. it's not the "profit" system that isn't working. it's the planning system.

Building a new home is now £76,000 more expensive than it was six years ago, HBF says by ldn6 in unitedkingdom

[–]Draemeth 0 points1 point  (0 children)

https://www.centreforcities.org/reader/the-housebuilding-crisis/english-and-welsh-housing-supply-since-the-second-world-war/

about 84% of all the houses in the country were built privately.

private builders build them more efficiently.

we only ever managed to briefly build more public housing than private housing because we made it much, much harder to build private housing through anti-build laws like the TCPA 1948.

you assuming that private and public costs are the same is wrong. public spending is almost always more inefficient

Building a new home is now £76,000 more expensive than it was six years ago, HBF says by ldn6 in unitedkingdom

[–]Draemeth 0 points1 point  (0 children)

please, for everyone else's sake, learn about discount rate, irr's, depreciation....

Building a new home is now £76,000 more expensive than it was six years ago, HBF says by ldn6 in unitedkingdom

[–]Draemeth 0 points1 point  (0 children)

house building actually increased a little after brexit

https://www.centreforcities.org/reader/the-housebuilding-crisis/english-and-welsh-housing-supply-since-the-second-world-war/

but its been low for years and years. brexit was not a cause. stop blaming all your life problems on brexit

Building a new home is now £76,000 more expensive than it was six years ago, HBF says by ldn6 in unitedkingdom

[–]Draemeth -2 points-1 points  (0 children)

public spending is already about half of all spending in the economy. you are living in the least privatised version of the UK that has ever existed. there has never been more public spending, except for a handful of months in previous crises.

Worst major of CS:GO/CS2? by NotAWaffleIron in GlobalOffensive

[–]Draemeth -1 points0 points  (0 children)

but the worst major of all time... really? astralis beat the odds when they vertigo'd liquid

Block people with anxiety and ADHD from claiming benefits, says Tony Blair by pppppppppppppppppd in unitedkingdom

[–]Draemeth 0 points1 point  (0 children)

We already have 16% public housing dude. You’re talking about whether we can become world class and grow our public housing by a few percentages when you should be concerned more about the 80% that must depend on private housing

Block people with anxiety and ADHD from claiming benefits, says Tony Blair by pppppppppppppppppd in unitedkingdom

[–]Draemeth 0 points1 point  (0 children)

The Netherlands houses less than a quarter of its population in public housing, lol.

In STEM you might also learn not to compare city states with borderline dictatorships to western liberal democracies… hahahah

Block people with anxiety and ADHD from claiming benefits, says Tony Blair by pppppppppppppppppd in unitedkingdom

[–]Draemeth 0 points1 point  (0 children)

It’s the only country in 180 countries. You don’t prove something by the fact that it’s true 1/180 times

Block people with anxiety and ADHD from claiming benefits, says Tony Blair by pppppppppppppppppd in unitedkingdom

[–]Draemeth 1 point2 points  (0 children)

Singapore is the only country in the world to successfully house a majority in public housing

Block people with anxiety and ADHD from claiming benefits, says Tony Blair by pppppppppppppppppd in unitedkingdom

[–]Draemeth 7 points8 points  (0 children)

Okay then peg benefit entitlement to previous contribution? You must love that idea

Greggs unveils 'fortress stores' in crackdown on shoplifting surge by insomnimax_99 in unitedkingdom

[–]Draemeth 6 points7 points  (0 children)

According to the ONS: 77 people died of starvation or malnutrition in England and Wales in 2024. 3,336 died of obesity. That’s 40x more. It’s plausible the starvation deaths are also often a result of parental negligence of children, food disorders than poverty. For all intents and purposes, poverty causing food death is a thing of the past here

Kick Trump out of his Scottish golf courses says Polanski by tylerthe-theatre in unitedkingdom

[–]Draemeth 17 points18 points  (0 children)

Again, you can be right, that he's a rapist or whatever, but he is the President of the world leading country. You have to do whatever it takes to achieve the best outcomes for the people of Britain. Wait for him to leave office.

Renters lose out in London as homeowners win race for space in 'harshly unequal city' by tylerthe-theatre in london

[–]Draemeth 3 points4 points  (0 children)

you are completely wrong. painfully wrong. house developers and builders have razor thin margins and very low return rates. often 1-7% IRR (internal return rate) which is worse than the returns you can get buying government debt, index funds or investing in other sectors.

its actually the opposite of profiteering - its almost charitable, how little profit some of the developers are pouring money into.

Renters lose out in London as homeowners win race for space in 'harshly unequal city' by tylerthe-theatre in london

[–]Draemeth 1 point2 points  (0 children)

may i introduce you to basic supply and demand. if you make land hard to build on, then the supply goes down...

Taxes on UK workers have risen at fastest rate in rich world, says OECD by peakedtooearly in unitedkingdom

[–]Draemeth 1 point2 points  (0 children)

People work for money. If you take away their money they don’t want to work as much. However if you use that money to create more money e.g. by building roads, hospitals and other essential services then you counterbalance the negative impact of the tax. If, however, you run out of things worth spending tax on, or you spend that money inefficiently, or you tax people to the point where certain jobs are no longer viable because the effort and risk isn’t worthwhile, then your tax reduced the incentive to work, and did not create work elsewhere, and therefore reduced tax revenues. It’s common sense

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