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Oversupply Of Printed Money = Higher Cost Of Land And Housing

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"At the moment, the Chinese are currently pumping out cheap socks and flat screen TVs as fast as Western consumers can snap them up. So prices of mass-produced consumer goods like these are either flat or falling.

But the prices of things that you can't rapidly make more of - such as land and property - have shot up dramatically, as an increased amount of money chases a static number of goods. The same goes for services that can't be outsourced to the Far East - like haircuts or childcare."

http://firstrung.co.uk/articles.asp?pageid...articlekey=1264

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Land is not scarce. There’s a huge oversupply.

There are not enough resources to develop all the land.

It is the resources that are in short supply.

Does anyone actually believe there is enough fuel on the globe to build a house on every acre of land?

The surface of the world is only 1/3 land but that is still 136,800,000,000 acres of land.

http://www.photius.com/wfb1999/rankings/to...and_area_0.html

There’s about 19 or 20 acres for every man, woman and child alive today,

THE SHORTAGE OF LAND IS A MYTH IN A GLOBAL ECONOMY

Energy and materials such as steel, copper and plastics will run out long, long before we are short of land.

You would be better advised to buy tonne after tonne of commodities

Covering the world with suburbia is impossible.

Buying land because “nobody ain’t makin no more” is fairly dumb reasoning and is one of the propagated myths to keep the rich, rich and the poor, poor.

The fact is a lot of land has potential for development but land that hold resources is scarce.

Land inflation is a sympton of the ignorant.

Edited by ?...!

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?...!

There is a lot of land in the UK, usable land is not widely available due to planning, that helps keep the prices up, helps to prevent it being used and helps to crush UK companies that cannot efficiently expand even when they are in a good position to do so with solid products and skilled hard working workforces. World trade is all about economy of scale, it is compete or die - we have chosen die.

Edited by OnlyMe

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World trade is all about economy of scale, it is compete or die - we have chosen die.

I agree on the first point. Mass production comes from specialisation. Not sure we have chosen to die we are just ignorant of what's out there.

Can I just be the first to say planning reforms are not far away?

Ahem...

Planning reforms are not far away.

The way planning commitees work around the UK is likely to change under the current government.

I expect a review to be announced later this year.

Go on, somebody ask why.

(apologies but I am experimenting with goading people into debate)

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I agree on the first point. Mass production comes from specialisation. Not sure we have chosen to die we are just ignorant of what's out there.

Can I just be the first to say planning reforms are not far away?

Ahem...

Planning reforms are not far away.

The way planning commitees work around the UK is likely to change under the current government.

I expect a review to be announced later this year.

Go on, somebody ask why.

(apologies but I am experimenting with goading people into debate)

Oh go on then....why?

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Oh go on then....why?

Yess

The government has some serious issues to attend with a new nuclear build, they will require new planning laws else it would be nigh on impossible to get a nuclear reactor through a planning comittee.

The same thing applies with incinerators, the gov. is looking to build a new generation of incinerators but find me a community happy to have a large chimney with refuse emissions billowing out the top and I will show you a community of liars.

They are even trialling the idea in scotland

http://www.scotland.gov.uk/Publications/20...2/1694823/48239

Anyone read this last month?

http://news.bbc.co.uk/1/hi/scotland/4544058.stm

Iproving economic growth through planning reforms...

whatever next?

The big question is how far are they willing to go?

I will be writing to my MP to express my passion about the requirement and importance of such reforms.

And to emphasise how everyone in my demographic feels exactly the same, housing being Key.

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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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