Persimmon Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:PSN.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9650948 ')" target="_blank" rel="nofollow">http://www.bbc.co.uk/news/business-18098956

Crocodile tears from House Builder institutions as The National Housing Federation and the Chartered Institute of Housing employs Shelter to front claim that the Government isn’t doing enough.

It may be true that we do not have enough housing in certain areas of the UK and Shelter are there doing great and valued work, but to say it’s the Governments fault is a little rich.

The House Building Industry has been helped out by numerous successive governments and it is still is through policy and tax savings, whether it be zero rated VAT, stamp duty holidays, planning policies, etc. – the list is endless.

Really it is time for developers to do some navel gazing and utilise the Billions that developers have in the bank to put it right.

This could be done through numerous ways maybe taking less ROCE, which is really short termism, but would fit into their present quick profit structure or maybe they could bring in business to developments and build up the areas long term wealth to sustain the build out of the development. Bringing in business could be achieved through direct investment in the business i.e. shareholding, commercial funding, etc. or even cross shareholding, this would give long term commitment to development and area, so giving confidence in the proposed development.

Maybe all large planning applications should include a section on ‘Long Term Wealth Benefit of the Proposed Development’, would bring to an area.

Stop hiding behind the petty coat of Shelter and tarnishing their good name and be proactive.
By redbeard101 ]]> http://www.iii.co.uk/investment/detail?code=cotn:PSN.L&display=discussion&id=9650948&action=detail Thu, 17 May 2012 08:26:00 GMT redbeard101 tag:iii.co.uk,2003:tst.9618552
Given the capital return plan and declared interim dividend means that PSN still yields 14% to June 2013 on today's price I'm going to assume you meant to put "buy"... By WarpedOne ]]> http://www.iii.co.uk/investment/detail?code=cotn:PSN.L&display=discussion&id=9618552&action=detail Tue, 08 May 2012 16:39:00 GMT WarpedOne tag:iii.co.uk,2003:tst.9618365
We are propping up a market through the government policies for the past 30 years, when we should be looking more to manufacturing and our export industries. The government should create a Business and Commercial Bank out RBS to build our export industries.

The Housing Market needs a minimum 25% managed reduction in many areas to rebalance and enable the UK population wage to be realigned to property prices. We cannot sustain a housing market as it is; otherwise we are building up yet another bubble that will burst.

What is the proportion of the average wage to the mortgage? 12 or more times for a 2 bed house in the cheaper parts of London and the southeast even with a 20% deposit. This is existing stock; new build carries a very high premium percentage.

It is little wonder why first time buyers find it hard to get on the property ladder a potential blip in the market in 3/5 years’ time? Drawing down on the bank of mum and dad will only go so far; even with Government help of duty holidays.

Maybe we should adopt that London Borough option of shipping everyone northwards or the relocation of the BBC to Salford. Yet this will only drive up the market in that region. But before you do that we need some sort of industry to employ these new residents and brings’ wealth into to that area, rather than state jobs redistributing Government money. Otherwise we will create an imbalance society.

True supply and demand is a guiding factor, but not alone. Government intervention through tax and policy has a significant bearing on this short-sighted market factor. The recent stamp duty changes and relief has had an effect on house prices and share prices. High net-worth people can’t believe how cheap it is to buy and live over here and not just there it is across the property bands. Then there are the global factors, which to date has had a major effect on mortgages availability and LTV criteria.

Have we got an imbalance economy based on property prices; particularly homes? Many entrepreneurs and business people do, which is creating a burden on the population and draining money from the economy and so stifling the growth of sustainable GDP. Therefore we need weaning off through managing increases in property tax graduated over the band levels including council tax.

So do we need a business and commercial bank, well yes, to invest in the business/industry across the country to enable the population at large to buy an affordable home. To that end we need to make other investments more attractive for cash rich people and companies (including developers). By redbeard101 ]]> http://www.iii.co.uk/investment/detail?code=cotn:PSN.L&display=discussion&id=9618365&action=detail Tue, 08 May 2012 15:59:00 GMT redbeard101 tag:iii.co.uk,2003:tst.9382980 Smart Investor reveals another housebuilder he thinks deserves a place in your portfolio.
by Smart Investor on Mar 05, 2012 at 05:01
http://bit.ly/wQJjg5 By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PSN.L&display=discussion&id=9382980&action=detail Mon, 05 Mar 2012 05:03:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9380069 http://bit.ly/z1o9rY
By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PSN.L&display=discussion&id=9380069&action=detail Sat, 03 Mar 2012 13:28:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9374216 Today (2012-03-01 18:52:27)
http://bit.ly/xg21eP By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PSN.L&display=discussion&id=9374216&action=detail Thu, 01 Mar 2012 20:43:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9373518 http://www.iii.co.uk/investment/detail?code=cotn:PSN.L&display=discussion&id=9373518&action=detail Thu, 01 Mar 2012 17:06:00 GMT sinnet tag:iii.co.uk,2003:tst.9371675 http://www.iii.co.uk/investment/detail?code=cotn:PSN.L&display=discussion&id=9371675&action=detail Thu, 01 Mar 2012 11:50:00 GMT penny bun tag:iii.co.uk,2003:tst.9371322
It just goes to show that 'patience' is King in this business :-) By Loch garman ]]> http://www.iii.co.uk/investment/detail?code=cotn:PSN.L&display=discussion&id=9371322&action=detail Thu, 01 Mar 2012 10:58:00 GMT Loch garman tag:iii.co.uk,2003:tst.9366375 11:35 am by Giles Gwinnett
http://bit.ly/A7Fveo By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PSN.L&display=discussion&id=9366375&action=detail Wed, 29 Feb 2012 10:47:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9364559 Newspaper Briefing
http://bit.ly/wYCr0K By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PSN.L&display=discussion&id=9364559&action=detail Wed, 29 Feb 2012 06:32:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9364366 by Harry Brooks on Feb 29, 2012 at 05:01
http://bit.ly/xGB39t By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PSN.L&display=discussion&id=9364366&action=detail Wed, 29 Feb 2012 05:25:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9364309 12:37 AM on 29th February 2012
http://bit.ly/wirVAq

Market Report:
TOBY GREEN WEDNESDAY 29 FEBRUARY 2012
http://ind.pn/AiJVsB By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PSN.L&display=discussion&id=9364309&action=detail Wed, 29 Feb 2012 04:26:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9363580 By Rachel Cooper, City Reporter
6:20PM GMT 28 Feb 2012
http://tgr.ph/x5WWsw By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PSN.L&display=discussion&id=9363580&action=detail Tue, 28 Feb 2012 19:56:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9363000 Today (2012-02-28 17:51:29)
http://bit.ly/zlQvWD By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PSN.L&display=discussion&id=9363000&action=detail Tue, 28 Feb 2012 17:26:00 GMT SpikeyDT