Bonus culture
Posted: October 31, 2013 Filed under: Housebuilding, Local government, Planning Leave a commentSo has what started out as ‘a Rolls Royce idea’ ended up ‘a Reliant Robin policy in practice’?
That’s not me describing the New Homes Bonus but Conservative MP Stewart Jackson. Now a member of the public accounts committee (PAC), he was speaking at an evidence session in June ahead of its report published this morning. He was also a shadow communities minister at the time the bonus became a Conservative flagship policy.
With scepticism like that on the Conservative side it’s little wonder that the PAC has more scathing criticism of the handling of the policy. It follows an embarrassing verdict (for the DLCG) delivered by the National Audit Office (NAO) in March.
Housing crisis? What housing crisis?
Posted: October 24, 2013 Filed under: Help to Buy, Housing market, Private renting 7 CommentsThe housing minister for England gave his first TV interview yesterday. I think it would be fair to say it did not go too well.
A week ago Kris Hopkins was ‘not available’ to appear on Channel 4 News to debate homelessness and house prices. This week the news peg was a 40 per cent increase in mortgage approvals and a 10 per cent increase in asking prices in London in a single month. He was interviewed as part of a package that asked ‘Is the housing market overheating?’
Interviewer Jon Snow presented him with four ‘key stats’ on completions (up slightly but still down by a third on the pre-crisis peak), house prices (up 5 per cent in a year), foreign home buyers (responsible for half of sales over £1 million in London) and the gap between prices in the north and south (up from £66,000 to £103,000 in the last year).
Here’s how it went with a few comments from me along the way.
Beyond facts
Posted: October 23, 2013 Filed under: Housing benefit, Welfare reform | Tags: Benefit cap Leave a commentThe routine is familiar by now: researchers question government policy, government rubbishes researchers.
Last week it was the University of York, the bedroom tax and Esther McVey, today it’s the Chartered Institute of Housing, the benefit cap and Mike Penning but the gist was the same.
Where McVey embarrassed herself on the World at One, Penning had definitely got out of bed on the wrong side before he arrived in the Today programmestudio. That was compounded when presenter Justin Webb introduced him as Mark rather than Mike. ‘Let’s start as we mean to carry on, shall we?’ he harrumphed before attacking ‘the BBC and The Guardian’ for being the only media outlets to report the story. Read the rest of this entry »
Balancing act
Posted: October 17, 2013 Filed under: Private renting, Regulation Leave a commentGovernment action on private renting looked a distant prospect when it brusquely rejected plans for light-touch regulation as ‘red tape’ in 2010.
So today’s statement by Eric Pickles announcing a package of measures to give private tenants a better deal is evidence that even the Conservatives have woken up to the fact that they are a growing part of the electorate and testament to the efforts of campaigners over the last three and a half years.
Following up an announcement made – significantly – during the Conservative Party conference, the communities secretary says ‘we recognise there is more to do to support a vibrant private rented sector’.
Read the rest of this post on Inside Edge, my blog for Inside Housing
Who buys it?
Posted: October 8, 2013 Filed under: Help to Buy, Housing market, Mortgages Leave a commentIt’s under attack from all sides but the strongest arguments for Help to Buy 2 are the ones that ministers cannot mention.
No matter how much David Cameron, George Osborne and the new junior housing minister go on about aspiration and opportunity, the critics refuse to go away. In just the latest example, the all-party Treasury select committeescorns government assurances to repeat its earlier warning that the controversial scheme will boost house prices and be politically impossible for future administrations to exit.
Here’s my analysis of the stated – and unstated – arguments made by ministers:
Read the rest of this post on Inside Edge, my blog for Inside Housing