More land does not cure housing scarcity
21 Jul 2007
Increasing
the supply of land for construction would have little effect in bringing down
house prices, says a new study in the UK. It
also warns that relaxing planning controls could "unleash a new wave of urban
sprawl" in the country. CPRE
policy director Neil Sinden said that the evidence uncovered by this study suggested
that the government needed to rethink its planned relaxation of policies for housing,
which would encourage builders to use more greenfield land rather than redevelop
more difficult urban sites.