Guardian: £180m cut from regeneration plans for Tony Blair's flagship housing project
Oh noes! A comparatively trivial sounding £180m denied to what is undoubtedly a worthy project, redeveloping a deprived and run-down housing estate. But read on, and:
"The £180m would have directly financed the construction of just 350 of the eventual 4,200 new homes replacing the Aylesbury's brutalist concrete towers and walkways."
Oh right, so just the £514,286 per new home then. I mean, I know they're nice new eco homes and everything, but seriously, WHAT THE FUCKETY FUCK!!
The Guardian seem to be affronted that the government has pulled the plug on what would have been, by any sensible standard, an obscene waste of the taxpayer's money. Even at the height of the property boom in 2007 a nice 2-bed newbuild flat in South East London could be bought, brand new from the developer, for under £300k. That figure includes the developer's profit margin (presumably quite inflated in 2007), and the cost of acquiring the land to build on, also not cheap during the boom. But one would assume that Lambeth council already own the the land the new flats were to be built on.
Now as a member of www.housepricecrash.co.uk (from where I got the link to the Guardian story), I'm of the opinion that £300k for a two bed flat is a quite ludicrous price. But it's a fucksight more sensible than £514k. A fair build cost for a decent flat on land you already own would be nearer £100k IMO. No wonder we're running a record deficit if our elected officials thought that paying five times over the odds for a building was anything other than sheer insanity.
Jesus.
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"Now as a member of housepricecrash.co.uk for years I suspect you would have got bored by now as there hasn't actually been one.
ReplyDeleteNice to see you're still finding the most obscure stories possible while widely missing the point about everything else,
Clegg and the Angry Liberal, putting the N into "Cuts".
The Guardian didn't quote its source for that amount of money for so few homes anyway, so personally I mistrust the figure given.
ReplyDeleteThe point you are of course missing is that the cuts are ideological, and more relevantly here, the Aylesbury Estate is at the heart of Simon Hughes constituency, so it is once again a case of Call me Dave cunting off his liberal "partners" while the rest of us laugh.
Hughes of course has made it a pledge to have the estate redeveloped (but hey, liberals and their pledges are todays manifesto's and tomorrows jizz rags).
I fail to see why the cuts being 'ideological' is a criticism. Personally I see not not living beyond your means and not pissing money up the wall as quite a sensible ideology.
ReplyDeleteWell we're not "living beyond our means" if tax was at a sensible level.
ReplyDeleteAnd could you sound more like a David Cameron tory? No, please change the name of the blog to "pompous tory shouts the odds".
Thanks.