British Housebuilders: History & Analysis by Fred Wellings

By Fred Wellings

British Housebuilders is the 1st finished account of the company background of the twentieth-century speculative housebuilding - the corporations 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 Nineteen Sixties, to the nationwide housebuilders of this present day is charted through a chain of league tables.

The cause for the expansion in nationwide enterprises is analysed. the traditional clarification of economies of scale is rejected: as an alternative, the inventory industry is located to play a key position either in facilitating acquisitions and in hard progress from its constituent companies.

The supply-side research additionally addresses the common company mess ups: succession matters, loss of concentration and the 1974 and 1990 recessions have performed their half in equivalent measure.

British Housebuilders presents the 1st chance to check the proof drawn from a century of speculative housebuilding; it's only with this historic viewpoint that sound decisions may be made at the company position in housebuilding.Content:
Chapter 1 advent (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 throughout the Century: A precis (pages 105–111):
Chapter eight Who have been the developers? (pages 113–131):
Chapter nine the reason for development: 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 outline (pages 195–243):
Chapter 12 an alternate rationalization of development (pages 249–259):

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Extra resources for British Housebuilders: History & Analysis

Sample text

To place the industry’s achievements in perspective, no post-war year ever saw annual private housing completions as high as in the mid-1930s; indeed, by the end of the century, the private housebuilding industry was fortunate to reach half that level. Although this book is concerned with the supply side of the speculative housing industry, a brief summary of factors underlying the growth in demand provides a context, for this was the era that created the modern speculative builder. The driving forces, particularly in the 1930s, included demographic trends, differential movement in population as new industries rose and old ones declined, rising real incomes for those in continuing employment, lower building costs and falling interest rates.

Sales for Wimpey, for example, totalled 1294 in 1933 and 1370 in 1934. Details of Miller’s annual housing completions throughout the 1930s had been retained by the family and provided to me. Company histories and brochures were also an occasional source: Furnell gave 5500 for Ideal in 1935; the history of Wimpey recorded an average of 1200 houses in the 1930s, and Comben’s history recorded it building 500 in 1931, a figure that had risen to 600 a year by the outbreak of war. Henry Boot managed a couple of official sources for 50,000 and 60,000 houses respectively between the wars, although most were local authority housing and company assistance was needed to approximate the number of private houses.

Clark, The Industrial Manager, p. 17. BHC01 15/5/06 1:49 PM Page 25 Introduction 25 The process of submitting drafts (and frequently second drafts) also led to extensive written responses both from those interviewed, and from others where an interview had either not been requested or not been granted. It is only fair to add that one or two expressed ‘unhappiness’ with what had been written, albeit without ever unburdening themselves on the source of their concern. Some of the responses were no more than minor factual corrections or clarifications; others were extensive and proved invaluable additional sources of information.

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