Universal Credit

[Notch7]

If I build cars, I don't know how much they will sell for ....

Why is the emphasis on speculative? As in investments if its speculative you either have high risk or a real lack of knowledge / information or uncertainty.

So you think house and car businesses have the same business model?

Dont you understand the reason why house building is a speculative business model?

 

[SirGalahad]

So you think house and car businesses have the same business model?

Dont you understand the reason why house building is a speculative business model?

http://www.hbs.edu/faculty/Publication Files/10-036.pdf

https://webcache.googleusercontent....s-a-business-model+&cd=13&hl=en&ct=clnk&gl=uk

"That’s less surprising than it seems because how people define the term really depends on how they’re using it.

"Once you begin to compare one model with another, you’re entering the realms of strategy, with which business models are often confused"

As I pointed out before - what is the focus on speculative as you are confusing models and strategies.

 

[SirGalahad]

http://www.huffingtonpost.co.uk/entry/self-employed-universal-credit_uk_59f1f8d5e4b077d8dfc7dce8

The Minimum Income Floor is absolute madness.

 

[Notch7]

http://www.hbs.edu/faculty/Publication Files/10-036.pdf

https://webcache.googleusercontent....s-a-business-model+&cd=13&hl=en&ct=clnk&gl=uk

"That’s less surprising than it seems because how people define the term really depends on how they’re using it.

"Once you begin to compare one model with another, you’re entering the realms of strategy, with which business models are often confused"

As I pointed out before - what is the focus on speculative as you are confusing models and strategies.

Im confusing nothing.

How does that help with understanding how to solve the house shortage crisis?

Do you work in the construction industry?

 

[Notch7]

Looking at that list it seems only time a party has won just a single term in the last 100 years is Ted Heaths conservatives

Strawman!

 

[Notch7]

http://www.hbs.edu/faculty/Publication Files/10-036.pdf

https://webcache.googleusercontent....s-a-business-model+&cd=13&hl=en&ct=clnk&gl=uk

"That’s less surprising than it seems because how people define the term really depends on how they’re using it.

"Once you begin to compare one model with another, you’re entering the realms of strategy, with which business models are often confused"

As I pointed out before - what is the focus on speculative as you are confusing models and strategies.

Are you not familiar with the term speculative housebuilding model? Judging by the above comments I guess not.

 

[Gerrydelasel]

It is critical to understand why a housebuilder needs to have a pipeline of land to build.

Housebuilders do need a pipeline of land, but the reason they bank the land (i.e. buy, own it and sit on it) is not because land itself is scarce but because planning permission is a scare resource. They have to own it early so they have time to get building permission, and once they have it, it is precious. If land in general came with a 'can build' tag attached, builders would not waste their money banking it anymore than they bank vast stocks of bricks for the future. Planning and building restrictions/limitations in this country are the number one cause of slow building rates and high prices. https://www.theguardian.com/housing-network/2013/apr/19/1930s-house-building-economic-recovery
"Houses were cheap because the supply of land for housing was very elastic, which in turn meant that there was no incentive for developers to sit on large land banks. Underpinning the availability of land for house-building was an almost complete absence of land-use planning restrictions which applied to only about 75,000 acres in 1932; the draconian provisions of the 1947 Town and Country Planning Act were still to come."

 

[SirGalahad]

Strawman!

lol - what matters is length of time in power.

Are you not familiar with the term speculative housebuilding model? Judging by the above comments I guess not.

The point is where is the bottleneck and what has created it and exacerbated it. Who are the winners and losers in this model.

The incentives and disincentives are better determinate of behaviour than focusing on the model of housebuilding alone.