[AUDIO] In London 4 years rent will build you a house! Building real homes for the future

Tony Gosling tony at cultureshop.org.uk
Sun Jun 21 14:26:45 BST 2015

In London 4 years rent would build you a house! 
Building real homes for the future
Chris Coates, author of 'Utopia Britannica', and 
one of the starters of a co-housing project in 
Lancashire Co-housing, discusses his co-housing 
project and co-housing generally: price of 
building a two/three bedroom house about £60k - 
but average London rents now reached £18k/year or £1,500/month.

So four years of rent of the average London home 
will build you a new house. Squatting, renewable 
energies – particularly hydro energy. PMQs – the 
need for more social housing – housing benefit 
paid to private landlords up £1.5bn – 
homelessness, right to buy, less people 
registered to vote, housing bubble, how much it 
costs to build a house; after crash in 1930s 
large council estates built afterwards. Becontree 
in Dagenham is generally considered to be the 
largest council estate (population over 100,000; 
the largest public housing development in the 
world), with Wythenshawe in Greater Manchester 
the second largest. Utopias - fear of potential 
revolution so workers given gardens to stop them 
going to political meetings, garden cities and 
co-operative servant share. Chilcot Inquiry delay 
– South African nuclear weapons and Tories; 
capitalism – oligarchy not democracy; North/ 
South divide in Britain? – the con peddled about 
austerity and the economy; prospect of the poor 
keeps Cartier boss up at night – social warfare, 
propaganda and war in the media.


Average monthly London rents hit £1,500 for first time, says survey

Latest figures for HomeLet rental index suggest 
12.5% increase in average rents across the 
country, with tenants in the capital hit hardest
O'Carroll   - 
-  Monday 15 June 2015 22.40 BSTLast modified on Tuesday 16 June 201510.27 BST

The cost of renting property is spiralling out of 
control with the average price of a flat or a 
house in 
now hitting £1,500 a month, a survey has shown.
According to 
collected by HomeLet, rents have shot up 12.5% 
across the country with tenants on average asked 
to fork out £751 a month outside the capital.
Its survey also shows rental costs over the past 
three months has gone up five times faster than tenant income.
The sharp rise in figures since the election will 
add to the pressure on workers who find 
themselves locked out of the first-time buyers 
market because they don’t have enough disposable 
income to save for the hefty deposit banks require before approving mortgages.
Only three regions in the country have shown a 
decline in rental prices – the north west, east 
Anglia and Yorkshire and Humber.
The spike in rental reflects the general crisis 
in the UK with a shortage of housing pushing the 
cost of buying a property beyond the reach of many first-time buyers.
This in turn has created an overheated demand for 
rental properties, says HomeLet.
The charity 
Advice Trust says the spiralling costs are of concern.
“The proportion of calls we were getting on 
rental arrears in 2010 was 6.6%. This year so far 
it’s 11.4%, so that’s a doubling,” said a 
spokeswoman. “It’s both in the public and private sector.”
HomeLet’s surveys are based on 13,000 tenant 
reference applications last month, 3,000 of which were in London.
The increase over the past year is five times 
greater than it was two years ago when the year-on-year increase was 2.6%.

Discussed rather fully here
Cohousing: building homes for the future


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