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Why are we building so many homes?

101 replies

Skunkaniseed · 20/10/2024 14:56

https://www.bbc.co.uk/news/articles/c4g518le0r5o

This article makes a number of good points. Why are we focused on building when there is a glut of empty homes that would meet the need?

An aerial view of a recently built development of mixed priced homes in Bradford, England

Why are we building homes when so many are standing empty?

Bringing empty homes back into use can be tricky, but campaigners say a lot more could be done to help.

https://www.bbc.co.uk/news/articles/c4g518le0r5o

OP posts:
taxguru · 19/11/2024 10:08

Skunkaniseed · 21/10/2024 17:30

The current demand is for the boomer generation, so named because of the boom in birth rates. Once Gen X and Millennials hit that age there will be an excess of bungalows.

Rubbish. That would only be the case if current supply of bungalows met current demand. In reality, demand far exceeds supply, so a even a drop in demand would still mean demand exceeds supply. We'd need a massive drop in the numbers of pensioners for there to be a surplus of bungalows, which the forecasts don't predict. And anyway, even if pensioner numbers fall massively, there'll still be younger people wanting a bungalow.

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