tag:blogger.com,1999:blog-27932062.post5823817618710548799..comments2023-10-10T15:39:35.168+00:00Comments on Centre for European Reform: Why British prosperity is hobbled by a rigged land marketCentre for European Reformhttp://www.blogger.com/profile/06815454225955436329noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-27932062.post-15272187771070113602013-12-13T11:03:31.296+00:002013-12-13T11:03:31.296+00:00Very good article, a good example of real estate s...Very good article, a good example of real estate speculation is Spain, during the years of real estate bubble built on protected land skipping laws, municipalities turned rustic lands in urban lands thus obtaining good benefits. After the collapse of the housing bubble we find thousands of unsold homes.Nataliehttp://www.housespain.co.uknoreply@blogger.comtag:blogger.com,1999:blog-27932062.post-51746546303687114442013-04-05T12:33:43.428+00:002013-04-05T12:33:43.428+00:00Perhaps an important point to make about the UK pl...Perhaps an important point to make about the UK planning system is the level of public engagement and consultation which is involved in decision-making. This is in many ways a benefit. However, it does slow up the delivery of goods which may benefit the nation at large, for example the provision of new housing, but which are seen as objectionable by people in a particular locality. This is degree of public involvement is, rightly or wrongly, not always present in other countries. It is important to lay bear some of the choices which lie behind the notion of 'a complex planning system.'Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-27932062.post-58754372526617366702013-02-21T12:07:15.055+00:002013-02-21T12:07:15.055+00:00Excellent article.
But as David Cooper explains, ...Excellent article.<br /><br />But as David Cooper explains, with LVT in place, there would be less "green field" development anyway as high-tax urban sites would be developed first.<br /><br />Further, it's not so much that we have too little housing, it's more that it's badly allocated.<br /><br />LVT would encourage single widows in family homes to swap places with young couples in one-bedroom flats. So with LVT in place, there would be less pressing need for more physical housing anyway.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-27932062.post-77466676461383153452013-02-19T18:09:31.911+00:002013-02-19T18:09:31.911+00:00Interesting and well cogent article, but the autho...Interesting and well cogent article, but the author does not provide evidence to justify the assertion that LVT needs to be combined with deregulation of the green belt. LVT by itself would motivate land bank owners to put large amounts of brownfield city centre sites into use, making the development of greenfield sites less pressing. The amounts of undeveloped inner city sites are remarkable (provided you venture outside the South East)- take a look at the centre of Birmingham, where there are empty lots used for car parking within a stone's throw of the centre.DavidECooperhttps://www.blogger.com/profile/05784715357475051162noreply@blogger.comtag:blogger.com,1999:blog-27932062.post-5133931283401848142013-02-17T15:31:52.307+00:002013-02-17T15:31:52.307+00:00A society where speculation is rewarded is a monop...A society where speculation is rewarded is a monopliconomy. An economist as the author is will always attempt to work within the confines of the system. Even when it is broke, broken, failed, failing, corrupt, corrupting.<br /><br />Something else is required as the words of the author has been used for a century at the margins to call for justice. <br /><br />Creative accounting will always be enshrined in economic wisdom, so as to deliver tax increase to those being dispossessed from access to land. We don't make land, it cannot be moved or hidden, so why in 21C are we still paying for it. Land free from price by an annual rental value assessment on the site in your possession. This system reinforces the law of property in title rather than in the location as a responsibility and duty to the community who honour and respect the law knowing that the market unfettered is ensuring that the land is being put to its best use.<br /><br />To illustrate the ongoing failure of government to not understand that it's primary function is to land as that is the territory to which it administers by constitutional oversight. Australia has 50,000 abandoned mines.<br /><br />If public revenue from the site was the original mechanism to defray the cost of government rather than the taxation of the enterprise then not one of these sites would be idle today.Zaasrd Censitorhttps://www.blogger.com/profile/00092179410580835465noreply@blogger.comtag:blogger.com,1999:blog-27932062.post-4929222031383414222013-02-13T20:27:45.887+00:002013-02-13T20:27:45.887+00:00The reforms could include the right to build up as...The reforms could include the right to build up as well as out. Planning permission prevents upward building too.KiwiBrendonnoreply@blogger.comtag:blogger.com,1999:blog-27932062.post-60220471211710305192013-02-13T11:38:59.647+00:002013-02-13T11:38:59.647+00:00what about higher density within urban areas? Buil...what about higher density within urban areas? Building on greenbelt land would increase urban sprawl and in the case of London, in an urban area that is already much larger than other metropolitan areas. This leads to lots of issues from public transport (the tube having to cover much larger distances than e.g. the subway in NYC)to commuting to the structure and vitality of urban high streets.<br />British cities are unusual in that they consist mostly of 2-storey buildings and there is resistance to building up rather than out. Would increased density in the existing urban area not be a better solution to housing supply than building on ever increasing, badly connected greenbelt areas? pierrenoreply@blogger.com