Planning for housing affordability [electronic resource] why providing more land will not reduce house prices
Planning for housing affordability why providing more land will not reduce house prices [electronic resource]
- 2007
Presents the findings of research concluding that increasing land supply would make little difference to either housebuilding rates or house prices. Argues that the government's policy of planning relaxation will encourage developers to use greenfield sites rather than redevelop city areas. Size, type and quality of homes has the greatest influence on house prices. Increased higher building rates would have only a small, delayed effect on house prices. House prices are dictated more by ability to pay than by land supply. Their continued rise reflects a widespread rise in income. Planning must be tailored to the needs of local communities.
Affordable housing
HOUSING GREEN PAPER 2007
United Kingdom--
Presents the findings of research concluding that increasing land supply would make little difference to either housebuilding rates or house prices. Argues that the government's policy of planning relaxation will encourage developers to use greenfield sites rather than redevelop city areas. Size, type and quality of homes has the greatest influence on house prices. Increased higher building rates would have only a small, delayed effect on house prices. House prices are dictated more by ability to pay than by land supply. Their continued rise reflects a widespread rise in income. Planning must be tailored to the needs of local communities.
Affordable housing
HOUSING GREEN PAPER 2007
United Kingdom--