Housing Minister John Healey says something vaguely sensible:
The housing minister, John Healey, has told the BBC that, for some people, having their home repossessed "can be the best option". Speaking on Radio 5 live, he said some households would struggle to keep up with mortgage repayments even if the terms were re-negotiated.
Tory housing spokesman Grant Shapps underlines that the Tories are the True Home-Owner-Ist Party (desperately chasing the Home-Owner-Ist vote, including, presumably, the votes of all those people who were able to buy a repo'd house more cheaply):
"Having previously admitted that he thought it was good for home ownership to be falling, it is unbelievable that John Healey has now claimed that repossession can be the best option. Tell that to the 46,000 families who have been booted out of their homes in the past 12 months thanks to Labour's record recession. This proves once again that Labour ministers have completely lost touch with reality."
If 'keeping the number of repossessions down during a recession' is the relevant metric, then the Tories have nothing to boast about, may I add. The irony being that the root cause of the recession is also the root cause of the house price bubble.
The Lib Dem spokewoman shows that they aren't averse to getting some of the Home-Owner-Ist vote either:
Liberal Democrat housing spokesperson Sarah Teather said Mr Healey "should just shut up... Labour has no idea what life is like for victims of the recession. John Healey needs to get out more before he starts dismissing the misery of homelessness,"
Did you see what she did there? She conflated 'being a tenant rather than a homeowner' with 'homelessness'. This is another example of the new maths; if one family is repossessed and starts renting, and another family that was renting buys the repo'd home, then the net impact on society is precisely nothing. Some have gambled and lost; some have gambled and won, but nobody forced them to do so.
* The middle sentence only appeared in an earlier version of the article, which I cross posted at HPC.
Thursday, 11 February 2010
WE are considerably more Home-Owner-Ist than YOU!
Posted by
Mark Wadsworth
at
19:21
6
comments
Labels: Grant Shapps MP, Home-Owner-Ism, Housing, Lib Dems, Repossessions, Sarah Teather MP, Tories, Twats
Wednesday, 23 September 2009
Fun With Numbers: Pent up supply
Hansard, 1 September 2009:
Sarah Teather: To ask the Secretary of State for Communities and Local Government what the average length of time was between a home being placed on the market and being sold in the latest period for which figures are available. [287506].
John Healey: We do not collect the data requested.
*ahem*
From the Rightmove website: "Rightmove has over 650,000 properties for sale throughout the UK..."*
HM Revenue & Customs (Table 16.1): Number of residential property transaction completions with value £40,000 or above: 755,000**
So, shouldn't the answer to Ms Teather's question have been "About a year. You could have found that in ten minutes on the Internet"?
*/ahem*
* Plus an unknown figure not advertised on Rightmove, for example properties sold privately or by auctioneers.
** The DCLG (Table 530) gives a figure of 725,000 for 2008 Q3 to 2009 Q2, which includes "some transactions of non-market housing including, Right-to-Buy sales and large scale stock transfers between Local Authorities and Registered Social Landlords". Note 5 says "HMRC estimate that by applying the £40,000 threshold 12% of residential property transactions ... are missed."
Posted by
Mark Wadsworth
at
17:27
3
comments
Labels: Housing, Internet, liars, Sarah Teather MP, statistics
Sunday, 15 February 2009
"Make use of empty homes - Tories"
Oh dear, the f***wits have come out to play...
1. In the blue corner, the Tories. To be fair, they make a good start...
The Conservatives say thousands of empty properties across the UK could be used to house those "languishing" on waiting lists for affordable homes. An estimated 4.5 million people are waiting for social housing, a figure the Tories say is "unacceptable".
It's not 'thousands', it's something approaching a million, but hey. Then they spoil it all again ...
Housing associations should think more flexibly about the tenancy arrangements they offer, Mr Shapps adds, to capitalise on the availability of the housing stock. They should also be given more freedom to match people with suitable properties, not just awarding the first property available to the person on top of the waiting list. The Conservatives accept some of properties in question will require investment in order to make them habitable. However, they say that the funding for this is available within existing government budgets for new social homes which is currently not being spent.
Woah! Stop right there! What do 'housing associations' have to do with this? There are empty homes and there are people who'd like to buy them or rent them, oil the wheels of the markets a bit and Bob's your uncle. And why the assumption that 'investment' has to be paid for by the taxpayer? Somebody who wants to sell or let out a property is in the best position to judge how much should be spent on what to make it saleable or lettable.
2. In the red corner, Nulabour...
Labour said the Conservatives had opposed past plans to allow councils to step in and maintain a private property if it was unoccupied for six months. The government had spent £19bn since 1997 in modernising social housing stock, said housing minister Iain Wright. "The proposals being put forward today are advocating a return to poor quality homes," he said. "We believe we can increase housing supply without the need to sacrifice high standards for tenants."
The Tories are probably right to oppose plans to prevent councils barging into private property (unless clearly abandoned etc). £19 billion divided by twelve years divided by four million social homes is about £400 per home per year, so I doubt that's achieved much. And the Tories did not advocate a return to poor quality homes - it's up to tenants to choose where to live, no doubt they will choose whichever is the nicest home available to them for a given price, as long as it's better than what they've got then they'll take it and I count that as a 'win'. And Nulab have an unenviable record of reducing the housing supply, via John Prescott's Pathfinder crap and handing over social housing to asylum seekers.
3. In the yellow corner, the LibDems...
By relaxing design and environmental regulations, the Lib Dems said people would be "condemned to living in cramped and drafty homes for 15 to 20 years as they wait to be rehoused". "This just shows how out of touch the Tories are," said the party's housing spokesperson Sarah Teather. "They have no idea of what it is like for a family living in a social home."
Sorry love, I've covered that point.
4. Bringing up the rear is the quangocracy....
"With such acute housing need in much of the country, no-one wants to see homes lying empty," said David Orr, chief executive of the National Housing Federation, which represents housing associations in England. "Many housing associations would be interested in new opportunities to renovate and manage these homes."
You're salivating at the thought of getting your hands on another few taxpayer billions to enlarge your empire and feather your nest, free of any sort of democratic accountability or market discipline, more like. Twat.
5. ... and to round off the evening, a fakecharity...
Shelter's chief executive Adam Sampson said the priority must remain building new homes. "Bringing empty homes back into use is an important part of the solution but, to really tackle the housing crisis, any government must commit to building the good quality, affordable and social homes that this country desperately needs," he said.
Surprisingly, Shelter's accounts show that it receives nearly £20 million a year in donations from individuals, but tucked away in note 4 on page 36 of their 2008 accounts is a nice round £12 million that they get from one government department or another.
Anyway, as I may have mentioned before, there is a quick and simple way of getting a lot of those homes back on the market that doesn't requite subsidies or government involvement ...
H/t Anton Howes.
Posted by
Mark Wadsworth
at
19:45
3
comments
Labels: Grant Shapps MP, Land Value Tax, Sarah Teather MP, Social housing, Tories
Friday, 30 January 2009
Separated at birth?
Posted by
Mark Wadsworth
at
00:37
2
comments
Labels: Jo Swinson, Lib Dems, Sarah Teather MP, Tits
Friday, 4 April 2008
Question Time
Rod Liddle* wiped the floor with the rest of them, altho' rather bizarrely I found myself agreeing with Clare Short MP (Independent, Birmingham Ladywood) every now and then**.
Little Sarah Teather MP (Lib Dem, Brent) still has the cutest hamster-face planted on the smallest head/neck in the House of Commons, and as ever turned up with a smart jacket slung straight over her underwear.
* Her Indoors' comment "Is he right-wing? His hairstyle is just Boris Johnson's."
** Has she had her jaws wired together? And if so, why?
Posted by
Mark Wadsworth
at
00:00
1 comments
Labels: BBC, Clare Short MP, Rod Liddle, Sarah Teather MP

