Turning houses into gold: the failure of British planning

Paul Cheshire

CentrePiece - The magazine for economic performance from Centre for Economic Performance, LSE

Abstract: Britain's crisis of housing affordability is nothing to do with foreign speculators, according to Paul Cheshire. Rather, it is a result of decades of misguided planning policies that constrain the supply of land and turn houses into something like gold or artworks. Houses have been converted from places in which to live into people's most important financial asset.

Keywords: Housing; house prices; planning; greenbelt; land development (search for similar items in EconPapers)
Date: 2014-05
New Economics Papers: this item is included in nep-ure
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Citations: View citations in EconPapers (14)

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