Please just a little analysis before posting. Inflation is are average costs for everything (more or less). Only small percentage of people are purchasing a house in a particular year plus many rent. Thus the number of people spending 10% more for housing is pretty small. Plus housing is about 1/3 of household costs.
“An acre of rural land worth £10,000 becomes an acre of land worth as much as £1m once it has planning permission. That is an expensive and needless cost of government.”
This article is a comprehensive indictment of planning departments, government deficit spending. Is also a call for austerity and to allow building on the ALR.
Altogether a Guardian article that is extremely libertarian. Amazing that it got past the editors.
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Please just a little analysis before posting. Inflation is are average costs for everything (more or less). Only small percentage of people are purchasing a house in a particular year plus many rent. Thus the number of people spending 10% more for housing is pretty small. Plus housing is about 1/3 of household costs.
Also, no mention of the corresponding drop in mortgage / interest costs? And why isn’t the cost of “housing” better reflected by rents?
“An acre of rural land worth £10,000 becomes an acre of land worth as much as £1m once it has planning permission. That is an expensive and needless cost of government.”
This article is a comprehensive indictment of planning departments, government deficit spending. Is also a call for austerity and to allow building on the ALR.
Altogether a Guardian article that is extremely libertarian. Amazing that it got past the editors.