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Old March 25th 08, 11:35 AM posted to uk.railway,uk.transport.london,misc.transport.urban-transit
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Default Crossrail could bankrupt London - says Ken Livingstone

On Tue, 25 Mar 2008 12:21:21 +0000, Graeme Wall
wrote:

They've been trying that since the 1950s at least, works well doesn't it?


Do you propose that further growth of London is feasible, then?

If you want to rent somewhere to live someone else has to invest in buying it
in the first place.


This is true, though the difference between rents and mortgages in
many places suggests that there is not a correct balance.

Neil

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