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Biriani

How Planning Regimes Affect House Prices

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I’ve just been reading the Policy Exchange report “Bigger Better Faster More” (September 15) on housing planning, which Martin Wolf recommended in today’s FT (see my post: http://www.housepricecrash.co.uk/forum/ind...howtopic=16035)

Apologies if this report has already been discussed, but I thought it was worth a mention.

The authors use case studies of Germany & Switzerland (good) and Ireland & Australia (bad), to examine the effects of planning systems on housing.

Basically, it emerges that what works best is a system where local government has responsibility and power over planning, with little interference from the centre.

So the UK, where central government has a pathological fear and distrust of local government autonomy, is probably doomed. And Prescott’s attempts to dictate housing policy from the centre will only exacerbate volatility, since central government actions tend to be misplaced and lagged.

Click here for a summary:

http://www.policyexchange.org.uk/uploads/m...age_summary.pdf

Or here for the full report:

http://www.policyexchange.org.uk/uploads/m...ore_-_final.pdf

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Basically, it emerges that what works best is a system where local government has responsibility and power over planning, with little interference from the centre.

I think you might come across the problem that our local government is made up of corrupt evil thieves. Many local governments are already restricting house building to force prices up even higher.

The few developments that get approved usually have to provide cheap/free luxury dwellings for the council, sometimes reserved for eternity for the 'Party Members' that make up our local government.

Or, take the example of London roads. Since the councils have been able to steal the roadsides, it's almost impossible to drive over to visit a friend's house making London even less sociable. Worse, it's forcing everyone to pave over their gardens, damaging the environment and flooding large parts of London (e.g. Ealing).

Still I guess it pays for all the five fruits a day coordinators and other fine services we get from the council.

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I think you might come across the problem that our local government is made up of corrupt evil thieves. Many local governments are already restricting house building to force prices up even higher.

The few developments that get approved usually have to provide cheap/free luxury dwellings for the council, sometimes reserved for eternity for the 'Party Members' that make up our local government.

Or, take the example of London roads. Since the councils have been able to steal the roadsides, it's almost impossible to drive over to visit a friend's house making London even less sociable. Worse, it's forcing everyone to pave over their gardens, damaging the environment and flooding large parts of London (e.g. Ealing).

Still I guess it pays for all the five fruits a day coordinators and other fine services we get from the council.

Please let's not turn this into an anti-tax, government etc. rant thread.

The issues at the heart of this deserve a better airing.

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I think you might come across the problem that our local government is made up of corrupt evil thieves. Many local governments are already restricting house building to force prices up even higher.

Local government in the UK certainly doesn't have a great reputation as far as honesty and accounability go.

But it is possible that this is just another symptom of how powerless they are compared with central government.

If local governments got more than 15% of their money from local taxpayers, and if they had a bit of real decision-making authority, rather than just stuff on the sidelines, then maybe the local electorate would start paying a bit more attention.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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