Let'sAbolishBorderControls on Nostr: npub1g0tuf…3tvm4 npub1hwel6…km5h3 Residual land price valuation means landbanking ...
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Residual land price valuation means landbanking companies get all the benefit of planning and can make hundreds of thousands out of each new house.
Removing planning restrictions has been tried, you can read the Hills report 2007 which essentially puts forward ways of liberalising the housing market to increase social housing development.
It just led to plastic estates on green fields. Nice for middle classes but not very affordable and very car-reliant and not enough.
Residual land price valuation means landbanking companies get all the benefit of planning and can make hundreds of thousands out of each new house.
Removing planning restrictions has been tried, you can read the Hills report 2007 which essentially puts forward ways of liberalising the housing market to increase social housing development.
It just led to plastic estates on green fields. Nice for middle classes but not very affordable and very car-reliant and not enough.