@maxtempers We are slowly building a society that emboldens, rewards and incentivises miscreant risk-taker and rule-breakers.
We are actually SELECTING for it. Be it with small boats or onerous regulations and taxes that only makes unscrupulous vape shops viable.
@tomhfh@s8mb Do you think it's fair that a woman who laments locals being "priced out" simultaneously benefits from her parents being rich enough to buy a second home in Peckham?
An incredible twist in the Aylesham Centre tale:
Siobhan McCarthy - one of the chief campaigners against the new development - lives in the Pied-Γ -terre her parents bought in the 90s.
@tomhfh@s8mb
@tomhfh@s8mb Would you guess from this video, where she says "Big Up Peckham!" and "I'm Peckham born and raised", that this is a woman who lives in her parent's second home?
https://t.co/gEueKcNGrq
@CJAWorrall It's a good development. The photo looks crap - but it doesn't give a sense of just how busy the dual carriageway it sandwhiches is.
It's a boon to the area.
@HarryScoffin Literally every builder (including Taylor Wimpey - this stuff is easily google-able) has said planning is a major obstruction to building viable new developments at a market clearing price.
Berkeley Group have said this just yesterday.
@HarryScoffin With respect, you don't understand supply + demand.
If planning regulations said "all houses must be made out of gold", you'd clearly have "no demand" at the viable price; but reforming would be a supply-side measure.
@maxtempers This + asset ownership.
If you have assessable capital (including housing) above Β£23,250, you pay for your care home. If not, the LA must pay for it.
Worse still, care homes are massively cross-subsidised.
By far the biggest hidden cost of social housing, imo.
@s8mb@BenedictSm55625 I live right beside them. They're a great addition.
They sandwhich an incredibly busy dual carriageway. They replaced a B&Q + Homebase. There are tons of new businesses on the ground floor (Waitrose, bookshop, yoga studio etc)
It's a crap picture, but it's a good development
@michaeljswalker I would like to see a reinvogration of state capacity generally.
Like the Swiss Canton system, I'd like to see competing local authorities empowered to raise (or cut) a land value tax and spend it how they like - including on council house building.
@michaeljswalker Then you are doing the same thing as those who say supply doesn't matter for prices. Ideology over evidence.
The academic literature is quite clear that Affordable Mandates act as a tax on building and reduce supply.
You're doing the easy bit, now do the hard bit.
Aydin Dikerdem not content with creating a homelessness crisis in Wandsworth by collapsing house-building by 95% in 2 years, now encourages Peckham to do the same.
https://t.co/sD9TyoNtQJ
@AaronBastani@normanelliottuk "share of wealth / assets in hands of billionaires is much higher today than in my lifetime."
Source?
Most data I can find says the opposite.