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Old January 25th 16, 04:17 PM posted to uk.transport.london,misc.transport.urban-transit,uk.railway
Sam Wilson Sam Wilson is offline
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First recorded activity at LondonBanter: Aug 2003
Posts: 173
Default London Overground expansion

In article ,
e27002 aurora wrote:

On Sun, 24 Jan 2016 11:56:10 -0000, "tim....."
wrote:


"e27002 aurora" wrote in message
.. .




Wouldn't think of shooting you for one moment Tim. I agree with your
diagnosis. I disagree with your treatment plan.

Government should set the rules and regulate. Private industry can
always do a better job.


But it can't.

We can't say to the private sector "We want you to build 2 million houses
"tout suite", and release them all onto the market at the same time in order
to push the average selling price for these houses down from 300K to 200K
(other price bands are available)

There is no silver bullet. It will take time for the free market to
find its equilibrium.


I hesitate to wade in here, but I see no reason to suppose that a free
market should ever find an equilibrium per se.

Sam

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