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One Reason Homes Cost So Much


In Britain and many countries
Homes are precious
Very valuable
Prices have been rising steadily for many decades
In Britain, prices increased by 4255 percent
From 1971 to 2011
If the supermarket chicken is growing at the same rate
Will cost 51 pounds and 18 pence at the moment
In about 1950 you can get a three bedroom home in northwest London
On the North Line between West of Finchley and Woodside Park
Only by 1050 pounds
This was 2.5 times the average wage of 400 pounds a year
A local school principal can buy a house like this
The total mortgage is somewhere around twice their annual salary
Today the same house in the same area costs about one million pounds
40 times the average income
Almost twice the salary of the head of the local school ten times
House prices in Britain have not only increased but have soared
But why housing is too expensive?
Cost of houses is affected by the cost of construction
Value is roughly the value of the land where the house is located
So why land cost a lot?
One reason is that demand for housing is increasing
Britain has a population of between 300,000 and 400,000 people a year
Also, the number of people within each household becomes less
Many of them live alone or with a husband but without children
If demand for housing is increasing at all times
In order to keep pace with this demand, Britain needs 240 new apartments and houses per year
It is less than half that number
This problem is not only in Britain, France is building 330 thousand of the 500 thousand new homes of annual need
The main cities are worse
London will face a shortage of more than 700,000 homes by 2031
In response to the cost of housing crisis
The government tried to intervene to help people buy their own homes
In the United States there are schemes such as the Federal Bank of Home Loan
And the law on reinvestment in society
In Britain there is “buy aid” and in France “interest-free loans”
The main idea is that people will buy houses if they have money
But the fact is, most government departments shed crocodile tears around high property prices
They are well aware that the bulk of the electorate likes them much expensive houses
The number of people wanting new homes at any time is very little only 10% or so
And with regard to the large numbers who already have a home
So a part of society has an interest in seeing the value of homes go up
In fact creating easy credit does not make house prices reasonable
The truth is one case of supply
So we simply relaxed the credit without increasing the supply
You just inflame house inflation and that’s exactly what happened
Is the same as the large expansion of mortgage lending
You may have the ability to borrow more but even others can
All of you are following the same limited number of homes
This contributes to higher prices
So why build homes so difficult?
Well, there is tremendous opposition to building new homes
And significant restrictions on land use
There are many immediate answers to organizing planning and zoning but what’s deeper
Community fears are really fear of new housing
For one big reason before others that the majority of developed homes are very ugly too
No one wants to build sophisticated buildings near them
Most of the large houses developed in southeast England have been built in the last 25 years
They participated in an event in which they are not discussed
They are very ugly
Or to be more precise, it is much uglier than the countryside that was replaced by it
In the middle of the eighteenth century
People saw it without any panic
Like the hills around the small town of Bath which were given to Queens Square and Royal Crescent
And Somerset County
And similarly when you turn back slightly
When he sacrificed wetlands, rugged grasslands and sandy islands at the mouth of the Bo River,
For the expansion of civilization
Few people are likely to oppose
Given what will replace them, Venice
History shows us that people do not oppose new housing as such
They are opposed when homes are less aesthetic
Of the landscape that they annihilated
Hence the reason for the removal of expensive houses
We also refer to solving this problem
Literally is ugliness, and this is the main reason for this current social disaster for high house prices
Which seem negative and entrenched
Is in fact a hidden but understandable desire
For decoration, elegance and a touch of luxury in architecture
We love countries and cities
When they are attractive
But we have no confidence that today we can make the kind of places that really appeal to us
And the reason is that we have nothing to do in the price issue
The argument is that we do not have to build similar copies of Georgian architecture
Not to mention the rows of the canal by the Gothic palaces
From now on it is possible to have an idea for someone who loves English
To start addressing strangers in Shakespeare’s colloquial dialect
The answer is to create improved homes and the best architectural expression of our time
Exceptional places such as the housing scheme on the outskirts of Cambridge
Not surprisingly, no one opposed it
Resolving the housing crisis requires that we become better at understanding the nature of the problem we face
The issue is not to stop selfishness
But it is greed that makes us build only beautiful houses
No one would mind dropping more trees as mortgages would fall
so, what’s the solution ?
Is to stop thinking that the development of credit for home buying will do something, it is only increases the inflation of homes
What we have done is to create a non-profit home company that is stimulated by the United Size Act
Rather than the prices reached
And most importantly
We must build beautiful houses so no one will oppose that a patch of land will be developed or built next to it
In the end,
Can get all this.
Translation team @autrjim
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