Discover and read the best of Twitter Threads about #trickledownhousing
Most recents (1)
“Some don’t work. It’s very important to find out at an early stage which ones they are.” This was particularly the case where “someone overpaid for the land & think(s) they can get that money back from the council”
Let’s see what this means:
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Let’s see what this means:
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The #BuildToRent policy introduced by @MurphyEoghan & the SHD policy introduced by @simoncoveney didn’t “encourage developers to build more homes” they set up a framework where 1. more bad units could fit in any site & 2. 100+ unit schemes could skip normal planning processes.
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This became a feeding frenzy. Developers and investment funds purchased large land banks in prime urban locations as the potential of fitting a lot of tiny rental units close to well served locations (big rents) meant land values went up up up.
It’s not rocket science.
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It’s not rocket science.
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