Key worker houses.
#1
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Key worker houses.
Why should certain workers get subsidised houses?
If an area is too expensive for nurses, binmen, teachers to live in, then that area would have to obtain those services privately (and expensively). It gets less attractive to live there and market forces balance everything out.
Supplying cheap(er) houses just perpetuates the disparity between rich and poor areas.
Who's to say that a nurse is more important than the housebuilder who constructed her house, the technician who designed her equipment, the salesman who sold her the car she needs to travel to work, the engineer who designed the roads and bridges she uses, etc. etc. Everyone is a key worker or they would be unemployed.
Discuss.
If an area is too expensive for nurses, binmen, teachers to live in, then that area would have to obtain those services privately (and expensively). It gets less attractive to live there and market forces balance everything out.
Supplying cheap(er) houses just perpetuates the disparity between rich and poor areas.
Who's to say that a nurse is more important than the housebuilder who constructed her house, the technician who designed her equipment, the salesman who sold her the car she needs to travel to work, the engineer who designed the roads and bridges she uses, etc. etc. Everyone is a key worker or they would be unemployed.
Discuss.
#5
Speedking's right in principle and market forces should be allowed to balance things out. However I doubt whether local authorities have the power to raise local taxes in order to set levels of remuneration like a private company would to 'compete' for workers. They may have no option but to (e.g.) let schools go short of teachers.
Gary.
Gary.
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That's my point. Once the school goes short of teachers, it will get a bad educational reputation, property will lose its attraction, and things will level out. Or residents will have to send their kids further afield to private school, reducing their disposable income and either reducing their standard of living or local house prices. Job done.
#7
Originally Posted by speedking
That's my point. Once the school goes short of teachers, it will get a bad educational reputation, property will lose its attraction, and things will level out. Or residents will have to send their kids further afield to private school, reducing their disposable income and either reducing their standard of living or local house prices. Job done.
That said, I am against subsidised cheap homes because I think it's tackling the problem the wrong way, complicating matters and causing other imbalances. Far better to set the number and standard of e.g. teachers required, then let market forces dictate what they need to be paid to fill the vacancies.
Gary.
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Just to play devils advocate here,
If I remember rightly the government would only let key workers buy the property on a stupidly high fixed rate mortgage brokered by them, so was not even worth doing.
Steve
If I remember rightly the government would only let key workers buy the property on a stupidly high fixed rate mortgage brokered by them, so was not even worth doing.
Steve
#11
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Originally Posted by Mungo
What is wrong with the concept of council housing?
Pete
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