2 thoughts on “Planning and the supply side of the economy”

  1. Posted 14/02/2011 at 17:57 | Permalink

    What has been interesting over the last few months has been the reaction to the Coalitions relatively mild reforms to the planning system. It is quite common to hear academics and local government officials talking of a vacuum and an inability to plan ahead. Now that there are no longer clear directions, and targets, from the centre, its as if no one knows what to do. The idea of actually making decisions locally doesn’t seem to have sunk in yet.

  2. Posted 15/02/2011 at 10:10 | Permalink

    I would remove all stamp-duties, business rates and ludricous planning laws that require social goods to be created as part of any development and favour a transparent land-value tax based on the rental value of the established property or realised value once the land is developed chargeable per sq. metre.

    A rate set by the local authority.

    This would create a counter mechanism that made over-development less attractive and sought maximisation of value where re-development or no development existed.

    In terms of controlling zonal development and town planning would be that tiered rates could be set depending on classification of land usage.

    Placing this mechanism in conjunction with council taxes so that increases in business rates countered council tax rates would remove the NIMBY element.

Comments are closed.