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The Economist: Letters to the editor
15 December 2018
Snippet: ... Build, build, build! Free exchange (November 24th) argued that there is more to high house prices in Britain than constrained supply. Well, yes, and no. The underlying cause of housing unaffordability is constrained supply…. It is the alchemy of British policy, a failure of supply and strategy over 40 years, which has turned houses into gold. PROFESSOR PAUL CHESHIRE London School of Economics