Have to disagree...we're now in a better financial state then we were back then (even though its still a dire one) and we'd simply be in far worse debt than we are now with a number of the projects started back then potentially coming to fruition end by the time we pull out of the EU...we'd have lost momentum rather than gearing it up...I think most on here are in agreement that now is the right time to release the schackles so to speak though.

For me its all about timing and this is just right to address/head off BREXIT in whatever form it takes rather than having done what you've suggested a few years back and then be left with no plan B...(now where have I heard that before?)

Edited by Lyons550 (03 Oct 2016 4.27pm)

In all fairness, leaving the EU in a way that appeals to many of the exit voters is going to destroy the housing market anyhow. That half a million or so migrants have been paying off buy to let and second/third mortgages... Take them out of the equation and you'll have a lot of rental property that's 'surplus to requirement', and a lot of people having to find mortgage payments for multiple empty properties and defaulting.

Ultimately they'll have to dump property from portfolios, and that will then hit the wider property market (and put a lot of people into negative equity).

I don't think there is a viable way of avoiding that either. Could soon be cheaper for the state to buy up property that's defaulted on than build housing.

Yeah that's all very well nick,bt you need builders to build houses there is a certain skill set needed.
You can't just take
people off benefits and give them a trowel and say there you go.
I know loads and loads of builders,not one of them is out of work.
What we need are more apprentice builders,instead of the last 20 years or so saying kids should all go to university.
Not everyone is academic in fact half the people who are there now probably shouldn't be there.

About the only thing I agree with nick is about social housing.
Where I live in North Bedfordshire there are s*** loads of housing being built.
But none for social housing,prices start at about £350.000, ridiculous amount of money for families on low income.
Housing associations should be given a certain amount each year from central government for the building of more social housing.

Because most councils sold most of their housing stock HA,s

Most new social housing now are housing associations