There's been some confusion about the £60,000 home... with some people believing that the figure represents a magic number for affordable housing. If it costs £60,000... hey, I'll have two. Just a reminder - the £60,000 is how much it costs to build. Which just could end up meaning happier developers, not happier ftbs.
Here's The Move Channel, with some of the findings resulting from the recent Design For Manufacture competition, including:
*Construction costs can be tamed without sacrificing quality - developers that closely linked their design, suppliers and delivery teams into a single process found savings. *Although the homes are built for just £60,000 it's not clear what they will be sold for. A government spokesman admitted: "There is no mechanism to regulate the final sale price of these homes." Developer Crest Nicholson said that it would be offering some of its £60,000 homes at near full market prices.
Sounds like a great day for the developers, courtesy of the government, doesn't it?