Friday, February 27, 2009
Build for England
Given the price of building land abroad (see link), shouldn't we release land that that doesn't currently have permission with a max price of £30k per 1/4 acre plot. Each town/village throughout the country should make and always have available 5-10 building plots for owner occupiers to build there own houses. This would have the benefit of bank bailout money being pumped directly back into the economy (instead of being instantly locked up in another depreciating asset) and generate many micro climates of economic activity. In the long run it would also have the effect of making existing dwellings more affordable.