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The Podcast of the Lotus Eaters

PREVIEW: Brokenomics | House prices

The Podcast of the Lotus Eaters

lotuseaters.com

Politics, News, Daily News

4.8977 Ratings

🗓️ 25 September 2023

⏱️ 32 minutes

🧾️ Download transcript

Summary

Dan talks with the guys from Lawsh, a small UK housing developer to understand why house prices are so high and so little building takes place.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to Brokonomics now in this episode we're going to be answering the questions to why house prices are so high and to address this question I've got back Peter Laurie

0:09.6

friend of the show good to have you back thank Thanks so much to seeing you again, but also

0:14.0

Ian Lush. Thank you for coming on Ian. Now you flagged this on a previous

0:19.4

Brokenomics that you've got a sort of a thing into a property developers.

0:23.9

Yeah, it is.

0:24.9

There's three of us run a small niche house builder, if you like.

0:29.2

Ian is obviously a co-director and we've got a third partner as well and I think we had a quick

0:33.9

conversation about why houses cost what they cost and why do they take so long to

0:38.6

deliver and we thought it might make some good material so we're here to and and you called in uh...

0:45.4

uh... uh... uh... eon who is dealing with this on a daily basis so

0:48.8

thank you very much for coming because because tell me about law

0:51.1

uh... lawlish is is it lawlish lawish is actually a combination of our

0:56.3

surnames if you look at it so okay and not that we came up with a name I think it's

1:00.6

actually Ian's wife came up with a name okay we spent a few hours trying to work out the name I think it was actually Ian's wife came up with a name. Okay. We spent a few hours trying to work out the name and yeah then his wife came up with the answer.

1:06.4

So you're you're not a big time developer. You're not pumping out thousands?

1:10.4

We're not, no, we're what you would call an SME builder so anywhere between one and 500 units and you'll realize the relevance of that when we come to talk about what we're going to talk about but yeah we

1:21.0

We both have had city careers and then post great financial crisis in 2010 I think it was

1:27.5

Ian we started this and I think we've learned a lot along the way.

1:33.2

We build sites of around anywhere between sort of three and ten houses.

1:40.1

Each individual site being about three to ten houses.

1:43.3

Yeah, three to ten houses.

1:46.3

Mostly on brownfield sites, to be perfectly honest,

...

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