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> Yes it lets more people without money buy houses, which I can see why socialists don't like that Or libertarians, because government subsidies distort the ma
by conjectures 5y ago
> Yes it lets more people without money buy houses, which I can see why socialists don't like that
Or libertarians, because government subsidies distort the market and all that.
> Taylor Wimpy owns 6,000 heactares of land.
UK has 25 million hectares of land, ~2m in the south east. The problem isn't Taylor Wimpy owning all of the unbuilt ones. The London greenbelt is 500k hectares. That's a more plausible bottleneck. Considering 'London greenbelt' is just one dimension of regulation on housing construction and Taylor Wimpy presumably owns land outside south east.