Sunday, Jan 06, 2013

Right wing think tanks wrestle with housing policy, when the answer is starring us in the face

Grauniad: Green belt housing gamble – a bet too far?

A fair appraisal of the problems of the Tories and housing policy
Last paragraph is excellent though:
"The Organisation for Economic Co-operation and Development, the International Monetary Fund and the Institute for Fiscal Studies have in the past couple of years concluded that only an annual tax on land can end the obsession with property. Once landowners face a tax, they will free up land they are sitting on, rather than wait for a rising market to make a killing."

Posted by pete green @ 09:52 PM (788 views) Add Comment

2 Comments

1. mark wadsworth said...

Hooray for the OECD, IMF, IFS and all who sail in them!

Monday, January 7, 2013 10:00AM Report Comment
 

2. pete green said...

I get a very chill feeling when I read quotes like this,from the above article, Mr Harrison predicted the Credit Crunch well in advance too, I do hope we do not follow the examples he sets out in his new Book.

"But as Fred Harrison, research director of the London-based Land Research Trust, points out in his new book, The Traumatised Society, rent-seeking by a wealthy class of people hooked on accumulating even greater wealth is the cancer that has brought down many more civilisations than the present one."

Monday, January 7, 2013 10:19AM Report Comment
 

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