The Duck of Atholl Posted October 12, 2021 Share Posted October 12, 2021 Said it many times before, don’t blame the developers. They don’t magic the land up. Blame those who sell them the land. 1 Quote Link to comment Share on other sites More sharing options...
CallMeCurious Posted October 12, 2021 Share Posted October 12, 2021 How about the new rates reflect the age of the development so older properties and brownfield sites who've paid year on year through the rates to the amenities get a lower rate per m2/bedroom/adult resident than the green feild new builds. Therefore covering the wider costs of new developments outside of exisiting infrastructure capacity. That might encourage regeneration of brown feild sites. 1 Quote Link to comment Share on other sites More sharing options...
2112 Posted October 12, 2021 Share Posted October 12, 2021 I just hope that the developer has to install roads first, and sort out the drainage first before any houses are built. I would like the TT access roads issue looked at, and the developer should be making large contributions towards the costs, otherwise it’s us taxpayers stuck on overcrowded and poorly maintained road. It’s chaos coming into Douglas via Braddan Bridge, and it’s still bad at 9.30, and busy at lunchtimes. If you live on other parts of the course, you are sadly stuck when it’s racing or practice, as there are no access roads. 1 Quote Link to comment Share on other sites More sharing options...
2112 Posted October 12, 2021 Share Posted October 12, 2021 (edited) 21 minutes ago, The Duck of Atholl said: Said it many times before, don’t blame the developers. They don’t magic the land up. Blame those who sell them the land. Introduce a Manx Capital Gains Tax for situations like this. Eddie Teare put up tax to 20% for property investment and building, perhaps an additional tax for sale of parcel of land. If someone is influenced by money, they may decide it’s not worth it. Do the developer own the land? It’s not uncommon for them to pay for the land in stages upon completion and sale of properties, in effect, the landowner has an investment in the new development. Edited October 12, 2021 by 2112 Quote Link to comment Share on other sites More sharing options...
SleepyJoe Posted October 12, 2021 Share Posted October 12, 2021 Greenfield building is a direct threat to the biosphere & has to be stopped You will not see or hear @BiosphereIOM join the dots on this 2 Quote Link to comment Share on other sites More sharing options...
2112 Posted October 12, 2021 Share Posted October 12, 2021 16 hours ago, 2112 said: Horrendous Flooding on that road and it cascades water down Braddan Road towards the oak tree, during heavy downpours. Forgot to say the DOI are forever clearing the gully’s and culverts by the Oak Tree and the stone wall. Quote Link to comment Share on other sites More sharing options...
WTF Posted October 12, 2021 Share Posted October 12, 2021 11 minutes ago, 2112 said: Forgot to say the DOI are forever clearing the gully’s and culverts by the Oak Tree and the stone wall. really difficult to fit a pipe about 2 feet diameter and drop the water straight into the river isn't it. Quote Link to comment Share on other sites More sharing options...
Ramseyboi Posted October 12, 2021 Share Posted October 12, 2021 1 hour ago, CallMeCurious said: How about the new rates reflect the age of the development so older properties and brownfield sites who've paid year on year through the rates to the amenities get a lower rate per m2/bedroom/adult resident than the green feild new builds. Therefore covering the wider costs of new developments outside of exisiting infrastructure capacity. That might encourage regeneration of brown feild sites. Eh? Won’t it be much more expensive to maintain and replace really old services over the coming years than it will be for stuff that is all brand new and much more easily accessible ? Quote Link to comment Share on other sites More sharing options...
2112 Posted October 12, 2021 Share Posted October 12, 2021 2 minutes ago, WTF said: really difficult to fit a pipe about 2 feet diameter and drop the water straight into the river isn't it. Look how long the Promenade is taking and the mistakes. Do you seriously think the DOI could make a success, and not screw up the road as well? 2 Quote Link to comment Share on other sites More sharing options...
James Blonde Posted October 12, 2021 Share Posted October 12, 2021 14 hours ago, 2112 said: There will be an uproar if that’s ever planned. I thought they are protected as Victorian workers cottages. Braddan Commissioners sold them. Uproar from whom? 1 Quote Link to comment Share on other sites More sharing options...
Ramseyboi Posted October 12, 2021 Share Posted October 12, 2021 6 minutes ago, James Blonde said: Uproar from whom? People who don’t like change. Quote Link to comment Share on other sites More sharing options...
2112 Posted October 12, 2021 Share Posted October 12, 2021 15 minutes ago, Ramseyboi said: People who don’t like change. Heritage Groups Conservation Bodies Manx National Heritage Im sure there are other groups who will add their input and express concern Quote Link to comment Share on other sites More sharing options...
The Duck of Atholl Posted October 12, 2021 Share Posted October 12, 2021 3 minutes ago, 2112 said: Introduce a Manx Capital Gains Tax for situations like this. Eddie Teare put up tax to 20% for property investment and building, perhaps an additional tax for sale of parcel of land. If someone is influenced by money, they may decide it’s not worth it. Do the developer own the land? It’s not uncommon for them to pay for the land in stages upon completion and sale of properties, in effect, the landowner has an investment in the new development. Interesting but how do you calculate the capital gain on land that has been in family ownership for decades/ centuries and forms part of the principle private residence? It’s probably easier to introduce a development tax but that is what a s.13 agreement does in part Quote Link to comment Share on other sites More sharing options...
2112 Posted October 12, 2021 Share Posted October 12, 2021 The terraced houses in Cronkbourne Village are owned by Aragon who bought them from Braddan Commissioners. Having looked online, I think they were renovated to be let, they were aimed at hospital workers. 1 Quote Link to comment Share on other sites More sharing options...
2112 Posted October 12, 2021 Share Posted October 12, 2021 Just now, The Duck of Atholl said: Interesting but how do you calculate the capital gain on land that has been in family ownership for decades/ centuries and forms part of the principle private residence? It’s probably easier to introduce a development tax but that is what a s.13 agreement does in part I don’t know I merely floated an idea. After all the answer was to blame the landowner for selling the land. Taxing people may change behaviours and raise revenues for the island. Quote Link to comment Share on other sites More sharing options...
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