Posts tagged housing
London Property: To buy or not to buy?

Hi, I’m Gus Zogolovitch, and I’m the founder of Rare Space. There’s been a lot of talk about house prices going up and down, so what is the current state of the market?

What I'm telling people, and what I believe, is that house prices in London have come down quite a lot, actually. I think they're nearing the bottom. So maybe the wider question is whether or not you would buy a place now if you had the resources to. Or should you wait?

What I say to people who ask me those questions - because I get those questions a lot - is that it depends.

Obviously.

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What are there so few design-led homes?

So the question I've been asked today is 'Why are there not more design-led homes?' Why is it so difficult to find them?

And I think the answer comes down fundamentally to an idea about incentives. Now hopefully I won't get too elaborate and complicated here. But bear with me for a minute as I try and explain what I mean by that.

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Tax rebate for 'good landlords'

(thoughts on the Guardian article “Treasury weighs up tax break for landlords who sell to generation rent” 5 October 2018)

I like the fact that the Government is considering different proposals around housing. However, housing and population are inextricably linked, so in principle, converting a flat/house from being rented out to being owned doesn't bring a new home into existence and therefore the fundamental supply demand imbalance remains and house prices become unaffordable for most. 

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How to Develop Small Sites Conference

At least 130,000 homes could be built on London’s unused publicly owned land. But finding and then acquiring these surplus sites remains a problem two years after the London Land Commission published its register.

Availability of land emerged as the most difficult challenge facing small developers at the ‘How to Develop Small Sites’ Archiboo and Rare Space conference, held in London in April 2018.

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