How to solve the housing crisis?!
Will the Chancellor scrapping stamp duty on properties under £300k really help? I don't know.As a recent BBC investigation showed, there are marked differences between property prices around the country, especially when inflation is taken into account, with some places having real terms decreases in housing costs. There are also places in the UK that have housing surplus, houses lying empty.
First things first,hhe Government needs to invest in the housing stock of the country. I realise that money is currently spread thin due to austerity, but that is not something I agree with.
So, I would move parliament out of London. The existing parliament can become a museum or wedding venue. I would suggest Leeds area would be central enough. I would also move the department's associated with government to the city surrounding. Somewhere where is surplus housing stock.
Next, second homes. These would be complusary purchased ordered for the average house price of the area. These houses will be passed to the local housing association. If the previous owners used their second home for more than 45% of the year, they can rent it back for full market rate and money used to build new ones. Otherwise it will be rented out in the usual housing association way.
Finally, any land owned by the nation (county or district councils etc) will be given to housing associations who will have to build on the site within two years, 50% for rent 50% to sell to people who have "local connections" any profits made will have to be reinvested in new housing and maintaining the existing stock.
And here by ends my sermon
