No
Draft Local Plan Review
Representation ID: 1756
Received: 17/02/2017
Respondent: Mrs Sarah Smith
Whilst housing will be affordable in first instance, land prices are likely to rise to 1-2million GBP per hectare once residential use. On resale these houses won't be affordable as will be sold presumably at full market value. They may well be sold at a discount in the first instance, but long term they won't be affordable so doesn't address the problem long term.
Whilst housing will be affordable in first instance, land prices are likely to rise to 1-2million GBP per hectare once residential use. On resale these houses won't be affordable as will be sold presumably at full market value. They may well be sold at a discount in the first instance, but long term they won't be affordable so doesn't address the problem long term.