On Mon, 22 Dec 2003 18:26:20 -0000, "Mikael Armstrong"
wrote:


Very true, so why not let people build a few more houses in such areas?

Try the nationalised planning system courtesy of the town and country
planning act 1947.

A spiteful piece of legislation whose only purpose was to outlaw the
mechanism by which 1.5+ million privately built, financed and *affordable*
houses in the 20s and 30s. Couldn't have that doncha know.

It not an 'efficient use of resources' (sic), you have to keep them poor
and dependent so they'll keep voting socialist.

Nimbies and bananas also love it as it' a morass of centrally planned
bureaucratic process which can be exploited to frustrate obtaining the
necessary consent.

The T5 public inquiry or taking 8 years to put a 2nd runway at Stansted are
prime cases in point.


The main problem is the lack of supply that is driving up the prices.

If you were to believe the CPRE, the SE is currently like downtown Hong
Hong during the rush hour, when the reality is that approximately 15% of
the land within 1 hours commute of charring cross is built on.



greg

--
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I said just eat my burger, baby,make you smart as Charlie Chan.
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