By Fred Wellings
British Housebuilders is the 1st accomplished account of the company background of the twentieth-century speculative housebuilding - the companies that `supplied` these homes and the marketers who created these firms.
The transition from the neighborhood housebuilders of the Thirties, during the neighborhood diversification of the Sixties, to the nationwide housebuilders of this day is charted through a chain of league tables.
The intent for the expansion in nationwide organizations is analysed. the traditional clarification of economies of scale is rejected: in its place, the inventory marketplace is located to play a key function either in facilitating acquisitions and in difficult progress from its constituent companies.
The supply-side research additionally addresses the common company mess ups: succession concerns, loss of concentration and the 1974 and 1990 recessions have performed their half in equivalent measure.
British Housebuilders offers the 1st chance to check the proof drawn from a century of speculative housebuilding; it is just with this old point of view that sound decisions could be made at the company function in housebuilding.Content:
Chapter 1 creation (pages 1–31):
Chapter 2 The Pre?war Housebuilders (pages 34–54):
Chapter three warfare and construction Controls (pages 55–61):
Chapter four The Post?war Housing increase 1955–1973 (pages 66–80):
Chapter five Recession and restoration, 1973–1988 (pages 82–91):
Chapter 6 Recession and restoration back, 1989–2004 (pages 93–104):
Chapter 7 marketplace proportion in the course of the Century: A precis (pages 105–111):
Chapter eight Who have been the developers? (pages 113–131):
Chapter nine the reason for progress: The Economies that Accrue to measurement (pages 136–167):
Chapter 10 The Decline of the personal Housebuilder: A Chronology (pages 195–243):
Chapter eleven Decline: an summary (pages 195–243):
Chapter 12 an alternate clarification of development (pages 249–259):
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Additional info for British Housebuilders: History & Analysis
On the basis that the pre-war period had the least information publicly available, and was likely to be the least sensitive to current management, access was requested to the archives of the larger companies that operated before the war and, if possible, to the early post-war period to see how these companies re-entered the private housing market. It was regarded as impractical and unproductive to ask for more recent access. There was greater success in obtaining original archive material than initially expected but this has only been possible because of the personal contacts developed over a long period of years.
There are, however, considerable problems in obtaining consistent data over time. Pre-war financial information is only rarely available; only eight housebuilders were quoted in that period, most of them from the mid-1930s. Private company accounts have rarely survived. When accounts are accessible, they did not disclose turnover; indeed, company turnover was only required by the 1967 Companies Act and, in practice, it is only available from the early 1970s. For quoted companies, profits are available over the whole of the period but they are an unreliable indicator of a company’s size, particularly before the 1948 Companies Act introduced consolidated accounts.
5 m. households being created in the period 1931–1939. That population growth was not evenly distributed. Internal migration from the depressed north to the south-east of England had a marked impact on the distribution of new housing demand and ultimately the location of the larger housebuilders. 10 The London housebuilders benefited not only from national migration patterns but also from movement within the region as 8 Figures for unsubsidised housing were not collected prior to 1923 and, although approximations are available, the graph starts in 1923.