asitis Posted October 9, 2023 Share Posted October 9, 2023 Reading Ashford lauding the scheme to hand taxpayers cash to pet developers this morning make me feel nauseous. I thought this was a bad idea to start with, but now it's supported by that twxt I know it's a bad idea. 10 applications apparently and 32 million potentially gone ! I can hear the corks popping from here. 3 1 Quote Link to comment Share on other sites More sharing options...
Mercenary Posted October 9, 2023 Share Posted October 9, 2023 4 hours ago, asitis said: Reading Ashford lauding the scheme to hand taxpayers cash to pet developers this morning make me feel nauseous. I thought this was a bad idea to start with, but now it's supported by that twxt I know it's a bad idea. 10 applications apparently and 32 million potentially gone ! I can hear the corks popping from here. What's the alternative to rejuvenating brownfield sites? An Manx Development Corporation approach? We may be able to evaluate at the completion of these developments but I know which I would bet on delivering better value out of the brownfield subsidy vs blank cheque to MDC to deliver non-market properties. The subsidy is only on completion so it would deliver £120m of investment into key neglected areas. Quote Link to comment Share on other sites More sharing options...
Andy Onchan Posted October 9, 2023 Share Posted October 9, 2023 47 minutes ago, Mercenary said: What's the alternative to rejuvenating brownfield sites? An Manx Development Corporation approach? We may be able to evaluate at the completion of these developments but I know which I would bet on delivering better value out of the brownfield subsidy vs blank cheque to MDC to deliver non-market properties. The subsidy is only on completion so it would deliver £120m of investment into key neglected areas. And housing, what about housing? 3 Quote Link to comment Share on other sites More sharing options...
asitis Posted October 9, 2023 Share Posted October 9, 2023 1 hour ago, Mercenary said: What's the alternative to rejuvenating brownfield sites? An Manx Development Corporation approach? We may be able to evaluate at the completion of these developments but I know which I would bet on delivering better value out of the brownfield subsidy vs blank cheque to MDC to deliver non-market properties. The subsidy is only on completion so it would deliver £120m of investment into key neglected areas. Isn't the truth of the matter, that it provides employment for lots of people up until the point it is completed and therefore an uptake to treasury, when completed what then ? Is it attracting new residents ? Where is the continuing benefit to the taxpayer ? I don't believe you can artificially create the circumstances under which people wish to develop or use brownfield sites. 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.