Latest for Battersea Power Station
Jul. 11th, 2005 04:36 pmBattersea Power Station to be turned into immensely posh hotel, theatre, more posh hotels, etc etc. (currently awaiting planning permission from the council).
Not sure entirely how I feel about this. On the one hand, it is clearly a good thing that *something*, *anything* be done to stop it from just falling apart altogether (or if no one wants to do anything with the shell as stands, then just knock the damn thing down & use the land - yes it's pretty & yes I would like it preserved, but not at the cost of all that wasted space). On the other hand - immensely posh hotels? Arts & exhibition venue - well, we'll see what exactly that means, I suppose. The last time they did that with an ex-power-station it worked out pretty well. I am politely sceptical about the chances of any of the flats in the surrounding area being remotely affordable (although isn't there some bylaw now that if building flats/houses in London one has to make a certain number of them be social-housing-type-affordable?). I don't know; the whole thing sounds hugely exclusive/rich, & I would have preferred something more inclusive on the site (this is, of course, because I am a big socialist hippy).
I think I come down on the side of 'something, anything', though, currently. And I do like the idea of the new pedestrian bridge, though I hope that it will allow bikes as well. But given that this is about the 3rd or 4th project for the site, it's probably not time to start holding one's breath about it.
Not sure entirely how I feel about this. On the one hand, it is clearly a good thing that *something*, *anything* be done to stop it from just falling apart altogether (or if no one wants to do anything with the shell as stands, then just knock the damn thing down & use the land - yes it's pretty & yes I would like it preserved, but not at the cost of all that wasted space). On the other hand - immensely posh hotels? Arts & exhibition venue - well, we'll see what exactly that means, I suppose. The last time they did that with an ex-power-station it worked out pretty well. I am politely sceptical about the chances of any of the flats in the surrounding area being remotely affordable (although isn't there some bylaw now that if building flats/houses in London one has to make a certain number of them be social-housing-type-affordable?). I don't know; the whole thing sounds hugely exclusive/rich, & I would have preferred something more inclusive on the site (this is, of course, because I am a big socialist hippy).
I think I come down on the side of 'something, anything', though, currently. And I do like the idea of the new pedestrian bridge, though I hope that it will allow bikes as well. But given that this is about the 3rd or 4th project for the site, it's probably not time to start holding one's breath about it.
no subject
Date: 2005-07-11 03:53 pm (UTC)no subject
Date: 2005-07-11 04:23 pm (UTC)no subject
Date: 2005-07-11 08:49 pm (UTC)*something*, *anything* be done to stop it from just falling apart altogether
Date: 2005-07-11 03:58 pm (UTC)Re: *something*, *anything* be done to stop it from just falling apart altogether
Date: 2005-07-11 04:22 pm (UTC)I remember a Blue Peter annual where they went in to look at the interior just as it was being closed down, in the mid-1970s. It was *gorgeous*. I don't know how much of that has actually survived.
Re: *something*, *anything* be done to stop it from just falling apart altogether
Date: 2005-07-11 05:41 pm (UTC)no subject
Date: 2005-07-11 04:30 pm (UTC)no subject
Date: 2005-07-11 04:36 pm (UTC)... can't it all be affordable housing? :/
no subject
Date: 2005-07-11 05:14 pm (UTC)no subject
Date: 2005-07-11 06:27 pm (UTC)The Housing Association model of highly devolved provision, with some sort of co-investment between the resident and the owning body (if not necessarily co-ownership of individual properties, since that has horrendous inefficiencies), is probably the way to go.
HTFB
no subject
Date: 2005-07-11 06:37 pm (UTC)no subject
Date: 2005-07-11 05:15 pm (UTC)Affordable housing
Date: 2005-07-11 04:36 pm (UTC)HTFB
Re: Affordable housing
Date: 2005-07-11 04:57 pm (UTC)Re: Affordable housing
Date: 2005-07-11 05:16 pm (UTC)Re: Affordable housing
Date: 2005-07-11 06:06 pm (UTC)If you build good quality two bedroom houses they'll be moved into by rich people, leaving their older, less good quality two bedroom houses for someone poorer. Thus you get housing stock renewal, but it's not the new houses that are affordable, it's the old ones. If you build good quality five bedroom houses then everybody can ripple up the chain leaving their older smaller houses for someone poorer. If land is so expensive that not everybody can live on their own in a five bedroom house then rich people need to take poor people as lodgers to cover their expensive mortgages, or there isn't enough demand for five bedroom houses to make it worth a builder's while to put them up instead of smaller ones---at the moment there's a huge boom in two-bedroom unaffordable flats in this country
And they're all being built shoddily. It's enough to make one weep.
HTFB
Re: Affordable housing
Date: 2005-07-11 07:29 pm (UTC)If you build a 5-bedroom house rather than two 2-bedroom houses, you get one happier rich family rather than two happier not so rich families surely?
Re: Affordable housing
Date: 2005-07-11 07:44 pm (UTC)Also, if house prices and rents stay as high as they are at the moment in relation to salaries, then people's prosperity is going to be ridiculously linked to that of their parents which can't be a good thing.
Re: Affordable housing
Date: 2005-07-12 08:33 am (UTC)You're worrying that your parents, who have benefited from a stock bubble in the price of housing, are richer than you, who haven't. The rational response to this is not to seek opportunities to buy at the top of the bubble.
Re: Affordable housing
Date: 2005-07-12 08:47 am (UTC)The problem with housing, is that unlike stock options, you can't just wait before deciding to spend money on it like you say. I have to live somewhere, and if you can think of some way I can do that without paying over half my salary in rent, then I'd like to know!
Re: Affordable housing
Date: 2005-07-12 09:52 am (UTC)Re: Affordable housing
Date: 2005-07-12 04:53 pm (UTC)(And this doesn't come entirely from a personal point of view, as I'll obviously be able to buy a house when I decide it's sensible to).
Re: Affordable housing
Date: 2005-07-11 05:47 pm (UTC)Re: Affordable housing
Date: 2005-07-11 05:56 pm (UTC)Re: Affordable housing
Date: 2005-07-11 06:16 pm (UTC)Re: Affordable housing
Date: 2005-07-11 06:33 pm (UTC)Re: Affordable housing
Date: 2005-07-11 06:57 pm (UTC)But badly built houses remain badly built, and the only way to make good houses available for social rent is to invest in them as a social good. You can't sensibly increase the nation's housing stock on the cheap by requiring people to put up new flats in Central London that you can buy now on a teacher's salary, or on mine. Nobody gets a bargain.
As for my argument tending towards putting 5-bed houses in the Local Plan: if there's a systematic shortage of homes for enormous poor families, it might be necessary. Otherwise let the market provide.
Re: Affordable housing
Date: 2005-07-11 07:04 pm (UTC)You can't sensibly increase the nation's housing stock on the cheap by requiring people to put up new flats in Central London that you can buy now on a teacher's salary, or on mine. Nobody gets a bargain
People get bargains. Maybe not to that extent, but building houses is profitable, and people want to do it. You can do what you like as long as the profit margin remains acceptable, and as long as you do it to all actors in the market. Call it a tax if you want, call it the purchasers of the luxury developments subsidising the others, I care little, but you can do it.
Your sister, presumably, is a well-spoken white female. With respect, these are not the people who usually find securing housing most challenging, they're the sort of person I might take as a lodger if I had a big house.
Re: Affordable housing
Date: 2005-07-12 08:28 am (UTC)Builders and renovators are investing capital in housing stock. Everybody else in the market is consuming housing by living in it, or speculating. Making builders build low-quality homes uneconomically in order that people who would otherwise rent can add their mortgages on these tiny ramshackle boxes to the speculative demand, while restricting supply higher up the market, increases costs and reduces living standards for everybody.
There is no shortage of housing in London and the South-East of England. On average we are occupying more space, per person, than ever before. There's a shortage of speculation opportunities for people who can raise an £80,000 mortgage---but this is what you'd expect at the height of a stock bubble.
Re: Affordable housing
Date: 2005-07-12 08:34 am (UTC)Re: Affordable housing
Date: 2005-07-12 09:43 am (UTC)Lack of space is not the leading factor in the house-price bubble, which is rather excess speculative demand. We're all living in more space than ever before.
Where there is a need for subsidised housing for people who can't afford to rent, then this needs to be invested in as a social good. But this is not the thrust of the affordable housing policy, which is intended to allow nurses and teachers and postdocs to add their speculative demand to the inflated housing market.
Moreover we poorer people must expect to live in older houses. In general refurbishing older houses is cheaper (and a better use of social investment) than building new ones since the refurbisher is not paying the cost of buying land fit for a luxury home and then building something worse.
Re: Affordable housing
Date: 2005-07-11 07:29 pm (UTC)no subject
Date: 2005-07-11 10:10 pm (UTC)Personally, I still reckon they should make it itno one huge lasertag nad paintball arena - no need to even renovate it if they do that.
the hatter