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On Thu, 30 Aug 2012 08:46:05 +0100, "News" wrote:
77002 wrote: On Aug 23, 1:33 pm, "It's only me" wrote: Proper urban development will beget more business rates and council tax, so there is local government interest here. As more homes are built the market loosens and becomes more affordable. If there is an oversupply of offices and shops, rents and therefore rateable values will decrease. There is no sense in having empty commercial properties unless rents are rising quickly. Remember Centre Point? Centre Point was a ploy to not pay any taxes to the council as the building was not completed and waiting because the land prices were rocketing because the boom in the economy meant community created economic growth soaked into the land and crystallized as land values. That is where land values come from - economic community activity not the landowner. In short the landowner was freeloading. Unless the UK indulges in another round of building "new towns", the national housing shortage is actually only solvable at the local level. In other words build homes where the people and jobs are, or move the people and jobs. I lot of sense in that. But the archaic Stalinist Town & Country Planning act prevents building on green fields. Only 7.5% of the UKs land mass is settled and that figure includes green spaces and gardens which brings masonry on land to about 2.5%. Ignore right-wing propaganda that we are concreting over the Countryside. England already has over 400 people per square kilometre, one of the most crowded in Europe. As we have to import much of our food, we are vulnerable to worldwide food shortages. Over-development is causing problems with the hydrology, as heavy rainfall is flushed out to sea rather than recharge the aquifers. Much of the undeveloped land is not suitable for building on, unless you propose to put new towns on moorland and on the Pennines. Opinion in this country is overwhelmingly against urbanisation, which is why local authorities do it by stealth. We should be making sure that empty homes are brought back into occupation (compulsorily after a year, say), and discourage the growth of population by limiting child benefit to two children per family and reducing immigration to below the emigration rate. |
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