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T
he yellow brick road which the Communities Agency announced the value interminably. We may think we will start
building industry travels is anything of its privately-held development assets had the NY with renewed vigour but there’s
but straight, rarely flat and never plunged by around £1.1 billion because of talk that GB may take GB to the polls in
without obstacles. Take house developers the housing crash. March because he wants to or certainly in
and property investors – how many do we June because he has to. So, the
know who were extremely wealthy with a Everyone is telling the Government that the consensus is to wait and see what will
vast portfolio one decade and then stop-go approach from which the building happen because, sure as bricks are
virtually bankrupt the next? Dubai was the industry in general and the housing sector in bricks, something dramatic will happen
boom building place before it particular is currently suffering has to change either way after the Election.
spectacularly went into freefall and or at least be consistent and equitable.
became a used car lot with scores of Stop-go is not what we want. We need Ah well, we musn’t be depressed and
abandoned BMWs and the like, keys still blue-sky thinking. We need encouragement, Specification magazine certainly isn’t. We
in the ignition, left by fleeing owners at the firm decisions and direction. acknowledge the law of universal physics
airport. Of course, this is all the result of which dictates that everything is equal and
the world recession and the UK has been Take the two different planets of East opposite; cyclical progress rules. So be of
hit harder than most. The difference here London and the North. Visit the one and good cheer and have a good Christmas.
is that we are frustrated by the you would have no idea what the And remember that this year’s must-have
Government’s inability to lead. recession, the building recession that is, is present for your design and construction
all about and be stoned that no domestic friends has to be Lego. If they can’t build
Consider the social housing programme estate agent has the time to talk with you. anything for real they can at least practise
which is suffering serious cuts because Visit the other but tiptoe quietly lest you while they wait!
the Government is trying to reduce public awake people from their slumber. You
spending. That’s the same Government think it’s bad but sympathise with County
which only last June made affordable Galway for a moment where our research Welcome to Specification Magazine.
homes a priority by releasing an extra £1.5 has unearthed the staggering statistic that,
billion. Now it’s reported that grant-funded according to 5 different builders’ merchants
completions will drop to around 29,900 in only 11 new homes were built in October!
the next year which is 34% down from the
current year’s 45,500 target. This news Sadly, the trouble is timing. It’ll soon be DAVID STILES
comes not long after the Homes and that Christmas break which goes on PUBLISHING DIRECTOR
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