asitis Posted December 3, 2023 Share Posted December 3, 2023 Seems to me they go through planning from the beginning and no public money is involved ! If it's viable without taxpayers cash fine. 2 Quote Link to comment Share on other sites More sharing options...
code99 Posted December 3, 2023 Share Posted December 3, 2023 26 minutes ago, asitis said: Seems to me they go through planning from the beginning and no public money is involved ! If it's viable without taxpayers cash fine. However "Ocean Castle Limited – which is part of the Tevir Group – wants to build 38 apartments on the brownfield site; the scheme would be funded, in part, with taxpayers' money". 👎 1 3 Quote Link to comment Share on other sites More sharing options...
Omobono Posted December 3, 2023 Share Posted December 3, 2023 and why is government putting money into luxury apartments and not into affordable housing for first time buyers something smells about this scheme , there needs to be a debate in TYnwald about housing priorities ,and just why we can find money for wealthy second homes and apartments ,many of which will be owned by companies and not individuals , 7 2 Quote Link to comment Share on other sites More sharing options...
A fool and his money..... Posted December 3, 2023 Share Posted December 3, 2023 It would be very typical of government, to come up with a scheme giving large amounts of money to developers as a half-assed way of solving the housing crisis, then allow the developers to build something that does nothing at all to help the housing crisis. 7 1 Quote Link to comment Share on other sites More sharing options...
CrazyDave Posted December 4, 2023 Share Posted December 4, 2023 6 hours ago, Omobono said: and why is government putting money into luxury apartments and not into affordable housing for first time buyers something smells about this scheme , there needs to be a debate in TYnwald about housing priorities ,and just why we can find money for wealthy second homes and apartments ,many of which will be owned by companies and not individuals , This scheme helps turn ugly brownfield sites into useful buildings. The building work employs people in th economy and puts money through lots of local firms. Generating tax revenue and keeping people in work. That money gets spent back in the local economy. If people look at the bigger picture then far more than what government put in, comes back into the coffers. 1 Quote Link to comment Share on other sites More sharing options...
P.K. Posted December 4, 2023 Share Posted December 4, 2023 1 hour ago, CrazyDave said: This scheme helps turn ugly brownfield sites into useful buildings. The building work employs people in th economy and puts money through lots of local firms. Generating tax revenue and keeping people in work. That money gets spent back in the local economy. If people look at the bigger picture then far more than what government put in, comes back into the coffers. Surely the point is that it does nothing to help those who need it....? Which should be the priority but apparently it isn't. 7 2 1 Quote Link to comment Share on other sites More sharing options...
GD4ELI Posted December 4, 2023 Share Posted December 4, 2023 2 minutes ago, P.K. said: Surely the point is that it does nothing to help those who need it....? Which should be the priority but apparently it isn't. The priority is as stated above by CrazyDave with affordable housing an optional part of the package. Quote Link to comment Share on other sites More sharing options...
P.K. Posted December 4, 2023 Share Posted December 4, 2023 5 minutes ago, GD4ELI said: The priority is as stated above by CrazyDave with affordable housing an optional part of the package. It shouldn't be optional. 3 1 Quote Link to comment Share on other sites More sharing options...
Numbnuts Posted December 4, 2023 Share Posted December 4, 2023 1 hour ago, CrazyDave said: This scheme helps turn ugly brownfield sites into useful buildings. The building work employs people in th economy and puts money through lots of local firms. Generating tax revenue and keeping people in work. That money gets spent back in the local economy. If people look at the bigger picture then far more than what government put in, comes back into the coffers. In an ideal world yes. But who works in the cafes and restaurants and service industries catering for these higher end workers. It’s flawed and will always be till there realistically have first time buyer properties built solely for just that and not investors . It needs an effort from government to supply cost affordable properties or every scheme they dream up is not successfully going to happen. Ohh , never mind the infrastructure needed to deal with the sundry needs. 1 Quote Link to comment Share on other sites More sharing options...
TheTeapot Posted December 4, 2023 Share Posted December 4, 2023 While I don't mind the government having a little slush fund for developers to build on old brownfield sites, I would take some convincing to agree that the Ocean Castle site should qualify. Prime spot. 9 Quote Link to comment Share on other sites More sharing options...
Numbnuts Posted December 4, 2023 Share Posted December 4, 2023 (edited) 4 hours ago, TheTeapot said: While I don't mind the government having a little slush fund for developers to build on old brownfield sites, I would take some convincing to agree that the Ocean Castle site should qualify. Prime spot. It all tells me there’s a desperation to make Alf’s plan of 15k new population a possible reality. It’s not but anyone with sense can see that. Once again cart before the horse mentality. thanks Fred the shred ..of course it is Edited December 4, 2023 by Numbnuts 1 Quote Link to comment Share on other sites More sharing options...
asitis Posted December 4, 2023 Share Posted December 4, 2023 1 hour ago, CrazyDave said: If people look at the bigger picture then far more than what government put in, comes back into the coffers. Same as bed nights, positive advertising, VAT , and the other non tangible benefits so beloved by Eddie Teare and others. It may well be true but this scheme and it's taxpayers money should be used for the purpose intended. If Government wish to cosy up to developers then it needs to be in the open not hidden behind some scheme which it doesn't actually fulfil ! Christ knows we've done enough pandering to developers ! 2 Quote Link to comment Share on other sites More sharing options...
Cueey Lewis And The News Posted December 4, 2023 Author Share Posted December 4, 2023 5 minutes ago, asitis said: If Government wish to cosy up to developers then it needs to be in the open not hidden behind some scheme which it doesn't actually fulfil ! But fantasy Dave will know of three identical fantasy developments, all with different fantasy characteristics, all of which make fantasy money for the fantasy developer from fantasy government support. 2 Quote Link to comment Share on other sites More sharing options...
CrazyDave Posted December 4, 2023 Share Posted December 4, 2023 4 hours ago, P.K. said: Surely the point is that it does nothing to help those who need it....? Which should be the priority but apparently it isn't. It keeps some of them in work and earning, and it keeps some of the businesses that employ them going. Quote Link to comment Share on other sites More sharing options...
Fred the shred Posted December 4, 2023 Share Posted December 4, 2023 I think it is cart before the horse but I know what you mean nothing is thought through or given proper consideration. 1 Quote Link to comment Share on other sites More sharing options...
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