"Cast_Iron" wrote in message
...
Mikael Armstrong wrote:
"Cast_Iron" wrote in message
...
Mikael Armstrong wrote:
"Robin May" wrote in
message
.4...
Living many miles away from where you work and having to
travel a long distance to get there is something that
should be discouraged. Not encouraged so that the rich
can
buy another castle and leave it empty for most of the
year.

Very true, so why not let people build a few more houses
in
such areas? The main problem is the lack of supply that is
driving up the prices.

errrr, no. The only thing driving up house prices is greed.

So why do we not have the same situation with cars? Cars
themselves can be bought for less now than ever in real
terms. This is due to the fact that there is far greater
supply so people buying cars can shop around for a good
deal. The laws of supply and demand will always work things
out, and in the housing market, the market is artificially
being held high by restricting supply.


If you were to take note of news broadcasts you would have noticed that
the
present government took action to force down the price of cars.

Another part of the reason is that houses last considerably longer than
cars
generally speaking. But just for the hell of it, see what price you would
have to pay for a Mk1 Cortina now, it will be significantly above it price
when new.



The government action to reduce the price of cars has not really made much
difference. Cars are still even cheaper in other EU countries. The main
reduction in price of cars between now and 20 years ago has been increased
competition in the market, increased efficiency in car production and fewer
trade restrictions.

Thankfully we have a far greater choice these days and don't have to buy Mk1
Cortinas. People who wish to buy "classic cars" are obviously free to do so.