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As I understand it, the problem is that new construction is outstripped by increasing demand. Hence the increasing prices. I read an article in The Economist's
by irremediable 12y ago
As I understand it, the problem is that new construction is outstripped by increasing demand. Hence the increasing prices. I read an article in The Economist's recent suburbs/cities issue where they said a lot of the problem lies in how people are prevented from developing the green belt.
- joosters 12y agoAnd rightly so, IMO. At some point you have to accept that you aren't in London any more, and the green belt is as good a point as any to do this. Much better than an interminable urban sprawl.
- irremediable 12y agoI don't know. I know a few people who live in green belt areas and commute every day to work in central London. Clearly, in some sense, London doesn't end there; and it drives up costs for them and many others. At the same time, I agree that it would be terrible to lose all the countryside vaguely near London. Perhaps your top-level comment was right: London has just reached capacity. But I'm not convinced of that, either; there are plenty of bigger megacities.