Housing minister tried blocking 1,500-home project in constituency

The Property Nomads Podcast

Rob discusses the challenges of housing supply in the UK, focusing on the reluctance to build new homes due to concerns about heritage and local impact. He highlights a specific case where a Labour MP objected to a 1,500 home project in his constituency, citing concerns about the impact on local heritage. Rob looks at the need to prioritise the supply side of housing economics, pointing out the various obstacles developers face, such as red tape, regulations, and public objections.

KEY TAKEAWAYS

• Housing shortage in the UK is viewed as a supply side issue, focusing on building more homes by opening up land, simplifying planning rules, and reducing friction in housing plans.
• Nimby attitude (Not In My Backyard) poses a challenge to building new homes, with concerns about economic impact and heritage preservation hindering development.
• Private developers face challenges such as high costs, red tape, ventilation regulations, and planning laws, which can lead to projects being rejected despite meeting requirements.
• The need for government intervention to streamline approval processes and prioritize housing development to address the housing crisis effectively.
• Collaboration between government, local councils, and developers is essential to overcome obstacles and ensure the successful approval and construction of new homes.

BEST MOMENTS

"We try not to look too much into the migration numbers, emigration numbers, immigration numbers, those sorts of numbers."

"New homes need to be built. If we're going to attack the housing shortage that we have, and we're going to focus on the supply side economics of it, we need to build more homes."

"You've got to make sure that that development makes cash end of."

"You shouldn't then be allowing all these plans to be sat in the hands of councillors who then go, oh, yes, but it's going to impact the heritage."

"I am interested to see what the Labour government does from a bringing everyone together point of view."

VALUABLE RESOURCES

https://www.msn.com/en-gb/news/uknews/housing-minister-tried-blocking-1-500-home-project-in-constituency/ar-BB1pHwRR?ocid=winp2fptaskbar&cvid=07f913c5f1df425f8f572881d5fd3676&ei=10&sc=shoreline

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