Tuesday, 29 January 2019

SOMEOME ELSE WHO UNDERSTAND FIXING LAND PRICES IS THE SOLUTION TO THE HOUSING CRISIS

 ANOTHER  (fairly) BRILLIANT IDEA TO CAPTURE LANDVALUES 

LAND IS NOW HALF OF OUR WEALTH!

Andrew Parvin points out the ‘irony’ of Affordable Housing, when what’s really driving up prices is the land cost. The graph above shows what’s happened.  So far so brilliant, but his solution is for Local Authorities (Councils) to acquire land, or use their own land and the LEASE it for housing at much reduced ‘affordable’ cost.

The catch is that only social housing applicants would qualify, and they would be selected, somehow, perhaps by a points system, and be hedged in by strict regulations when letting or selling the resultant house.

What a shame he couldn’t go the whole hog and say we need to get rid of this category of social/affordable housing altogether!  We know how, don’t we? Full value LVT — to be fair Parvin does give a mention for Henry George.