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It is certainly an extremely difficult climate for first time buyers. As well as there being a shortage of supply, often the stock that is within first time buyers' reach is not the type of sensibly spaced family housing they are seeking. This is potentially a very real long-term problem for developers trying to sell new builds and first time buyers trying to buy - because 'generation rent' are arguably much more precise than previous generations about the type of house they are prepared to commit to for their first purchase. Effective stakeholder engagement is therefore increasingly important to successful planning and place-making because it allows developers, communities and potential future house purchasers the forum in which to jointly try and tackle the age old challenge of trying to provide good quality developments, of an appropriate type, in appropriate locations. Exercised well, stakeholder engagement from an early stage in the planning process can help add real value to housing schemes for developers, communities and those seeking to buy a house. There is no doubt that if we want to see more houses built, whatever our interest in it is, the easiest way to do it is to have communities more accepting of development.
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From: Peter Kershaw
04 April 2016 23:49 PM