tag:blogger.com,1999:blog-4169740113013066976.post760808467965674573..comments2024-02-10T12:12:06.028+00:00Comments on The Real Blog: The great housing tyrannyDavid Boylehttp://www.blogger.com/profile/11410159311875228620noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4169740113013066976.post-73793528329290699062014-04-07T17:09:20.796+01:002014-04-07T17:09:20.796+01:00This comment has been removed by a blog administrator.Ferya https://www.blogger.com/profile/16591257387680748941noreply@blogger.comtag:blogger.com,1999:blog-4169740113013066976.post-81134818224046190912014-04-01T12:18:41.638+01:002014-04-01T12:18:41.638+01:00This article explains why things are not sold at c...This article explains why things are not sold at cost<br /><br />http://www.bbc.co.uk/news/business-14410589<br /><br />Clive Durdlenoreply@blogger.comtag:blogger.com,1999:blog-4169740113013066976.post-79385168737427250422013-06-28T16:08:56.843+01:002013-06-28T16:08:56.843+01:00Tom, thanks so much for your message. Two things:...Tom, thanks so much for your message. Two things: isn;t the point that there can never be an elastic supply of housing, even in the most deregulated state, so the main impact on prices is bound to be the amount of money pumped into mortgage finance.<br /><br />The other is about Coulsdon, I'd prefer the garden city approach, but I take your point. But the real question is this: could the private sector now build affordable homes like they did now? Costing £40-60,000? And if they can, why don't they? With 400,000 homes unbuilt with planning permission, it isn't planning. David Boylehttps://www.blogger.com/profile/11410159311875228620noreply@blogger.comtag:blogger.com,1999:blog-4169740113013066976.post-91978055080793698502013-06-28T14:40:03.451+01:002013-06-28T14:40:03.451+01:00I see you've been watching MetroLand!
I agree...I see you've been watching MetroLand!<br /><br />I agree with most of this, but I think you underestimated the role of supply constraint. Large increases in money-supply don't lead to above-inflation rises in goods with elastic supply. Neither can one land-bank if there is a risk ones neighbour might build first.<br /><br />As a scion of MetroLand myself, I can tell you they're great homes. They were also built by private developers at no cost to the taxpayer. I'm sure at the time people decried the loss of rural Middlesex, but all I ever knew was suburban "Middx" (or rather, the London Borough of Harrow) and nobody seemed to complain.<br /><br />So the good news is that there is an answer for your children, which is to build a modern MetroLand. There's plenty of room around Coulsden.Tom Papworthhttp://www.adamsmith.org/sites/default/files/research/files/ASI_Planninginafreesociety.pdfnoreply@blogger.com