2112 Posted October 14, 2021 Share Posted October 14, 2021 21 minutes ago, hissingsid said: I have been down in that vicinity mid morning today and traffic wise it was busy. The thought of adding the vehicles from 350 properties is madness, I live in an ordinary neighbourhood but all the properties have a car most have two which covers work vans etc. The close proximity to the Hospital has to be considered as well as a school. I cannot believe this plan was not screwed up and aimed at the bin at birth. It is totally unviable but we all know the next step it will be amended and about 200 houses will be proposed which will probably go through on the nod as it is a better outcome…which of course it is not. The housing we need is social housing, poverty on the Island is rife amongst people , who have no choice, that are paying astronomical rents to buy to let landlords who need the money to pay the mortgages they have taken out on them. There is talk of interest rates going up if they do the situation will really be dire. There will be a load of repossessions and evictions. Social Housing - houses and flats Mixed Tenure - FTB, Shared Ownership, Shared Equity, Let to Buy, Market Rent, Serviced Plots to let people build their own - like Birchill. 1 Quote Link to comment Share on other sites More sharing options...
James Blonde Posted October 14, 2021 Share Posted October 14, 2021 3 hours ago, spanna said: I’ve got no issues with houses going up on sheep fields. They are completely devoid of wildlife anyway. But my thoughts are -how many mature trees and established hedges do they plan to destroy -they need to only plant native bushes/ trees in the developmemt -plastic chav grass must be banned on the site those 3 would help to increase wildlife from a sheep field. infrastructure wise -tt access road won’t work with that additional traffic -those planned access roads to the estate won’t work in morning rush hour unless rbs -don’t see how palatine and the local schools could cope. -would need some way to cross peel road for pedestrians as it’s near impossible from that side going south at the moment In rush hour. An underpass is the only way I can see that works since they don’t like painting on the tt course. Oh and buy to let must be restricted to maximum 10% of the estate initially and a 10 year restriction on being able to let out once bought. These should be the very minimum requirements. Government need to play hardball with these so-called developers 5 Quote Link to comment Share on other sites More sharing options...
The Chief Posted October 14, 2021 Share Posted October 14, 2021 who's betting on the 'cycle path' on the plan actually turning into the new access road via a tunnel or flyover and drive straight up through the houses to join ballafletcher at the top, be nice to have that kind of traffic for 4 weeks of the year right past your postage stamp garden but hey at least it won't spoil your picturesque view of the cemetery. You want to buy one go ahead but i would make sure you read every little bit of fine print in the contracts. 1 Quote Link to comment Share on other sites More sharing options...
Boris Johnson Posted October 14, 2021 Share Posted October 14, 2021 1 hour ago, hissingsid said: I have been down in that vicinity mid morning today and traffic wise it was busy. The thought of adding the vehicles from 350 properties is madness, I live in an ordinary neighbourhood but all the properties have a car most have two which covers work vans etc. The close proximity to the Hospital has to be considered as well as a school. I cannot believe this plan was not screwed up and aimed at the bin at birth. It is totally unviable but we all know the next step it will be amended and about 200 houses will be proposed which will probably go through on the nod as it is a better outcome…which of course it is not. The housing we need is social housing, poverty on the Island is rife amongst people , who have no choice, that are paying astronomical rents to buy to let landlords who need the money to pay the mortgages they have taken out on them. There is talk of interest rates going up if they do the situation will really be dire. There will be a load of repossessions and evictions. There is one thing the island does not do and that is widen roads or build new ones to take the extra traffic. Is this a good thing? Or are we stuck with massively more traffic and the same capacity? The roads today must be at least twice as full of cars as they were in the 80's. To continue to pay for a bigger and bigger civil service we need more residents so the roads are only going to get busier, that is the reality. To be honest, the queues at Quarterbridge and the like at rush hour are not really that bad and another 350 houses will not make much difference. You only have to look at a commuter drive near any of the main Northern England towns where it can take 1.5 hours to commute 20 miles to see we have a long way to go till we get saturation. I say build it and lots more like it. If we get to about 125,000 residents a lot more businesses become viable and we can at last move to the 21st century. 🙂 3 Quote Link to comment Share on other sites More sharing options...
James Blonde Posted October 14, 2021 Share Posted October 14, 2021 On 10/13/2021 at 10:31 AM, Ramseyboi said: Glen Vine. Royal Park. Peel. Farmhill. Ballasalla. Glen Maye. Port Erin. Lonan etc. Loads of houses in that price bracket owned by people who have moved up and freed up smaller houses for another younger family. If you tax new builds in that bracket you stop the freeing up of smaller houses and drive those families off island. No you don't. You stop developments at the higher end for a while and get developers building much needed FTB stock. The trickle down approach only benefits a tiny number of families. 3 Quote Link to comment Share on other sites More sharing options...
Boris Johnson Posted October 14, 2021 Share Posted October 14, 2021 (edited) Trouble is there is no proper demand for FTB houses. They are now just too expensive. This is the first worlds big problem. Us baby boomers had it very easy, our children will not and no amount of not buying a phone or going out to party will make it better. Its a word wide Ponzi scheme that ends in the next couple of decades................... BTW - This is not IOM exclusive, its all over the first world. Edited October 14, 2021 by Boris Johnson 1 Quote Link to comment Share on other sites More sharing options...
Ramseyboi Posted October 14, 2021 Share Posted October 14, 2021 1 minute ago, Boris Johnson said: Trouble is there is no proper demand for FTB houses. They are now just too expensive. This is the first worlds big problem. Us baby boomers had it very easy, our children will not and no amount of not buying a phone or going out to party will make it better. Rubbish. Plenty of young people are managing to buy houses and their mortgage payments as a percentage of salary are less than we were paying when interest was through the roof in the early 90s 1 1 Quote Link to comment Share on other sites More sharing options...
doc.fixit Posted October 14, 2021 Share Posted October 14, 2021 check out the interest rates in the late 70s and early 80s. 1 1 Quote Link to comment Share on other sites More sharing options...
Ramseyboi Posted October 14, 2021 Share Posted October 14, 2021 12 minutes ago, doc.fixit said: check out the interest rates in the late 70s and early 80s. I know. House prices might be high atm but the cost of actually buying one actually isn’t and is perfectly achievable for most people who are prepared to make the effort. The whining from a completely entitled generation is becoming tiresome. Quote Link to comment Share on other sites More sharing options...
Boris Johnson Posted October 14, 2021 Share Posted October 14, 2021 (edited) 1 hour ago, Ramseyboi said: I know. House prices might be high atm but the cost of actually buying one actually isn’t and is perfectly achievable for most people who are prepared to make the effort. The whining from a completely entitled generation is becoming tiresome. Rubbish I bought my first house in the 80s and was paying 15% interest. Difference was it was a do-er-upper at £30k. Try finding one like that now............................ ETA The very same house was sold a couple of years ago for £325k Edited October 14, 2021 by Boris Johnson Quote Link to comment Share on other sites More sharing options...
James Blonde Posted October 14, 2021 Share Posted October 14, 2021 2 hours ago, Ramseyboi said: Rubbish. Plenty of young people are managing to buy houses and their mortgage payments as a percentage of salary are less than we were paying when interest was through the roof in the early 90s How big do you think their salaries are? 2 Quote Link to comment Share on other sites More sharing options...
Ramseyboi Posted October 14, 2021 Share Posted October 14, 2021 (edited) 9 minutes ago, James Blonde said: How big do you think their salaries are? Age 25-30 working hard? Say 30 to 40k? More as an accountant, lawyer etc Edited October 14, 2021 by Ramseyboi Quote Link to comment Share on other sites More sharing options...
finlo Posted October 14, 2021 Share Posted October 14, 2021 21 minutes ago, Ramseyboi said: Age 25-30 working hard? Say 30 to 40k? More as an accountant, lawyer etc 18 to 25k more likely. 2 1 Quote Link to comment Share on other sites More sharing options...
Ramseyboi Posted October 14, 2021 Share Posted October 14, 2021 Just now, finlo said: 18 to 25k more likely. At nearly 30 years old? You can earn twice that in car sales or as a self employed plumber/electrician/plasterer! Quote Link to comment Share on other sites More sharing options...
WTF Posted October 14, 2021 Share Posted October 14, 2021 1 minute ago, Ramseyboi said: At nearly 30 years old? You can earn twice that in car sales or as a self employed plumber/electrician/plasterer! the groups you mention can buy houses, its the hundreds of people working retail in shops and supermarkets that can't afford a house. 4 Quote Link to comment Share on other sites More sharing options...
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