Turning houses into gold: the failure of British planning
Britain’s crisis of housing affordability is nothing to do with foreign speculators, according to Paul Cheshire. Rather, it is a result of decades of misguided planning policies that constrain the supply of land and turn houses into something like gold or artworks. Houses have been converted from places in which to live into people’s most important financial asset.
8 May 2014 Paper Number CEPCP421
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This CentrePiece article is published under the centre's Urban programme.