Comments on: Timmy Elsewhere http://timworstall.com/2008/06/17/timmy-elsewhere-414/ It is all obvious or trivial except... Thu, 24 May 2012 19:11:01 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mark Wadsworth http://timworstall.com/2008/06/17/timmy-elsewhere-414/comment-page-1/#comment-13909 Mark Wadsworth Tue, 17 Jun 2008 16:15:57 +0000 http://timworstall.com/2008/06/17/timmy-elsewhere-414/#comment-13909 John B, I don't think so. People are loath to leave social housing - if they haven't got a job there's nowhere to go; if they are offered a low-wage job somewhere far away they can't move into social housing near where their new job is; if they do have a job they are quite happy paying below-market rents; or finally, if they do have a job and can afford to rent privately, they just sub-let their old social flat at market rent and pocket the difference. Hence this <a href="http://www.citizensincome.org/filelibrary/doc/Housing%20Benefit%20Discussion%20paper.doc" rel="nofollow">idea</a> that I fleshed out for the Citizen's Income Trust. John B, I don’t think so. People are loath to leave social housing – if they haven’t got a job there’s nowhere to go; if they are offered a low-wage job somewhere far away they can’t move into social housing near where their new job is; if they do have a job they are quite happy paying below-market rents; or finally, if they do have a job and can afford to rent privately, they just sub-let their old social flat at market rent and pocket the difference.

Hence this idea that I fleshed out for the Citizen’s Income Trust.

]]> By: john b http://timworstall.com/2008/06/17/timmy-elsewhere-414/comment-page-1/#comment-13907 john b Tue, 17 Jun 2008 15:56:52 +0000 http://timworstall.com/2008/06/17/timmy-elsewhere-414/#comment-13907 @ TW and MW - surely part of the reason why social housing turnover is so low is the massive reduction of supply in social housing post-Thatcher? (i.e. the existing stock is being run down, so it's no wonder there's a six-year waiting list, so it's no wonder anyone who's got a house will hold onto it). A fairer comparison would be between 1978 and 2008. Not sure if this data is available though... @ TW and MW – surely part of the reason why social housing turnover is so low is the massive reduction of supply in social housing post-Thatcher? (i.e. the existing stock is being run down, so it’s no wonder there’s a six-year waiting list, so it’s no wonder anyone who’s got a house will hold onto it). A fairer comparison would be between 1978 and 2008. Not sure if this data is available though…

]]> By: Mark Wadsworth http://timworstall.com/2008/06/17/timmy-elsewhere-414/comment-page-1/#comment-13892 Mark Wadsworth Tue, 17 Jun 2008 13:32:56 +0000 http://timworstall.com/2008/06/17/timmy-elsewhere-414/#comment-13892 Oops. Forgot to close a tag or something. " ...reckoned less than 5% annual turnover in social housing, see Table S7 of <a href="http://sticerd.lse.ac.uk/dps/case/cr/CASEreport34_summary.pdf" rel="nofollow">this</a>. Oops. Forgot to close a tag or something.

” …reckoned less than 5% annual turnover in social housing, see Table S7 of this.

]]> By: Mark Wadsworth http://timworstall.com/2008/06/17/timmy-elsewhere-414/comment-page-1/#comment-13890 Mark Wadsworth Tue, 17 Jun 2008 13:31:42 +0000 http://timworstall.com/2008/06/17/timmy-elsewhere-414/#comment-13890 Turnover in social housing is lower than turnover in owner-occupied sector (the last twelve months are abnormally low). John Hills reckoned Table S7</a>. And if you can be bothered to read the report, he also chats knowledgeably about this immobility restricting job-mobility. Turnover in social housing is lower than turnover in owner-occupied sector (the last twelve months are abnormally low).

John Hills reckoned Table S7.

And if you can be bothered to read the report, he also chats knowledgeably about this immobility restricting job-mobility.

]]> By: Martin http://timworstall.com/2008/06/17/timmy-elsewhere-414/comment-page-1/#comment-13886 Martin Tue, 17 Jun 2008 12:53:54 +0000 http://timworstall.com/2008/06/17/timmy-elsewhere-414/#comment-13886 Tim, Your piece on social housing makes no allowance for the impact demographic factors such as immigration might have not only upon the availability of housing but also upon the employment market. Its sweep is too broad to render it a credible proposition. Tim,

Your piece on social housing makes no allowance for the impact demographic factors such as immigration might have not only upon the availability of housing but also upon the employment market. Its sweep is too broad to render it a credible proposition.

]]> By: MarkS http://timworstall.com/2008/06/17/timmy-elsewhere-414/comment-page-1/#comment-13880 MarkS Tue, 17 Jun 2008 12:33:18 +0000 http://timworstall.com/2008/06/17/timmy-elsewhere-414/#comment-13880 "No, not in the sense that the feckless can simply sit their and moulder..." Don't these people have subs? :-) “No, not in the sense that the feckless can simply sit their and moulder…”

Don’t these people have subs? :-)

]]>