self build dialogue with OFT
james36armstrong at hotmail.com
Sat May 22 09:42:59 BST 2010
Self build Dialogue has been opened up with Office of
I formally asked
Office of Fair Trading (OFT) to prosecute named
plc spec builders for holding landbanks , trickling out supply and Failing to respond to demand .
The OFT economist, James Macbeth has replied justifying the OFT in
not acting against spec builders.
I have come back
to say that Macbeth and OFT and the Barker Review of Housing Supply completely
failed to factor in the potential of
self build and so OFT failure to act
is not rational ..
- That landbanks
by the spec builders are against the public interest because self–builders are the public – specifically
that section of the public who are prepared to self supply.
. and they are
harmed.- the landbanks (kept for capital gains) preclude self builders from access to land for building houses.
S-bers hold no
landbanks and are penalised by plc’s holding scarce permissioned land.
Self builders do
not need to hold land for four years as required for spec builders plans and
commercial considerations .(which McBeth
And OFT has no
remit to take into consideration the commercial needs of the plc’s.
The importance is that an economist at OFT
is in dialogue with an advocate for self-build.
No-one in HMG
and no housing experts who dominate the policy making in Whitehall to date has factored in the potential of self-build.
I am hoping to
make the economist of the Office of Fair Trading the first convert
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