As house sales hit record low & 1st time buyers suffer long, Y don't UK build good, fast prefabricated homes?

Question

House sales fall to record low

Press Assoc. - Tuesday, June 10

The number of homes changing hands has fallen to a record low as potential buyers continue to stay away from the market, figures have showed.

The Royal Institution of Chartered Surveyors (RICS) said chartered surveyor estate agents sold an average of just 17.4 properties each during the three months to the end of May, the lowest figure since it began collecting data in 1978.

Potential buyers have become increasingly reluctant to commit to property purchases in recent months due to negative press reports of falling house prices and problems in the mortgage market.

But the RICS figures did offer some brighter news, with a slight decrease in the number of surveyors reporting house price falls for the first time in 10 months...

www.yahoo.co.uk/news & www.bbc.co.uk/news

I first asked this question on Radio Merseyside lunchtime phone-in @ 1983

Modern materials are way better than wartime prefabs, so Y not

Answer 1

The land is very expensive, I suppose.  Also, do prefabs have the resale value of houses?

Actually, I'd like to see each house built with the potential for extension - attic rooms, etc etc.

The most sensible house I ever came across was built by a couple who added a floor to their house when they could afford it.