Saturday, November 22, 2014

Something is very wrong

House Building: September Quarter 2014, England

Free markets generally respond to demand and rising prices with innovation and supply. Except when it comes to buidling houses it seems. Compare completions for housebuilding with prices over a similar period: http://www.theguardian.com/business/2014/nov/20/britain-net-worth-rises. This is where I found the DCLG report: http://www.insidehousing.co.uk/home/blogs/stuttering-starts/7006963.blog

Posted by quiet guy @ 12:23 PM (4058 views)
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2 thoughts on “Something is very wrong

  • It’s not a free market. There are very strict laws in place to specifically prevent the construction of residential property.

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  • It’s a scam that keeps house prices high to allow UK government to continue being profligate.

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