The residential sector is a hot topic for debate at the moment and ahead of this year’s RESI Convention, @PropertyWeek teamed up with @Savills to talk about ‘reimagining the housing market’ in a Twitter debate.
Below are a few selected conservations from the hour-long #RESIdebate which saw more than 40 industry figures pose their questions to director of residential research Lucian Cook and associate director Lawrence Bowles.
Look out for more highlights and a full feature on the debate in this week’s edition of Property Week and join the conversation in person by booking your place for the all-new RESI Convention this September.
In a first world country that needs little thought: YES #residebate— 🏡Richard Berridge🏢 (@ResiRichard) June 21, 2018
Affordable housing delivery is low by historical standards. So any additional investment is very welcome, whether that's in the form of government support or the private sector getting stuck in #RESIdebate pic.twitter.com/NHKLrlaNt5— Lawrence Bowles (@lawbowles) June 21, 2018
Big housebuilders have become more ever more dominant since the financial crisis. They accounted for 77% of new home registrations last year, up from 59% in 2006.— Lawrence Bowles (@lawbowles) June 21, 2018
SMEs are starting to buy more land again, but it'll take time for them to recover to pre crisis levels #RESIdebate pic.twitter.com/wlhvgkxL1T
The reps of some housebuilders has taken a real bashing, with the leasehold scandal and shoddy new-build quality but public can have short memories. I've seen real innovation from SME housebuilders - offering beautifully designed, eco-friendly homes-need more of this #residebate https://t.co/7kANyPn1dZ— Samantha Partington (@SamJPartington1) June 21, 2018
Like many (recently 50) year olds, the idea of Micro-living fills me with dread! However, I'm not 20 and looking for an affordable housing solution, so if we have it, it needs to be fantastically designed and have amazing service levels. Addendum, I'd live on a boat! #RESIdebate— Iain Murray (@iain_murray) June 21, 2018
There is a gap: reduction in BTL stock looks like it will come before BTR hits its stride. Additional clarity in the planning process and more government support could help deliver that BTR pipeline quicker— Lawrence Bowles (@lawbowles) June 21, 2018