London Banter - View Single Post - Manston Airport shut permanently on 15th May

Robin9 · July 6th 14, 07:33 PM

Quote:

Originally Posted by tim.....

"Recliner" wrote in message
...
Basil Jet wrote:
;-(

I guess it's worth much more as land for building.

Only if someone else pays for all the infrastructure improvements to get
people to where there are jobs.

Thanet is a sea of low priced housing and next to zero jobs (and high
deprivation). You aren't going to find many buyers for "estate" houses at
much above "build" costs unless they can find work in the area or have good
access to London.

neither of which are the case here.

People who think that they can build 10,000 houses in this location and sell
them for 150-200K each to unwaged/unemployed/retired, are living in cloud
cuckoo land.

tim

As many London Local Authorities have noticed that "exporting" their council
tenants is cheaper than housing them in London, it might possible to sell the
whole 10,000 to London Boroughs.