3 thoughts on “We could do worse – follow Germany”

  1. Posted 20/08/2014 at 07:45 | Permalink

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  2. Posted 23/08/2014 at 20:59 | Permalink

    “Of course, things are not perfect in Britain. And there is much we could learn from Germany – or even France: liberalising land-use planning would make a huge difference to the UK economy, for example. ”

    More rubbish. House prices have perfectly tracked real wages in Germany for over 40 years. As they have in all parts of Europe. Even so, given their head start on us in the early 80s, land is just as expensive in Germany as here. So, quite what planning has to do with anything is baffling. Except if fulfils an ideological delusion that the State is the root of all evil.

  3. Posted 26/08/2014 at 16:02 | Permalink

    “House prices have perfectly tracked real wages in Germany for over 40 years” -No, they haven’t. They have tracked inflation, not wages. They have stayed constant in real terms, so median multiples have been shrinking. See here http://www.iea.org.uk/blog/why-%E2%80%98second-generation-rent-controls%E2%80%99-are-not-a-solution-to-the-affordability-crisis-part-2-bew

    “So, quite what planning has to do with anything is baffling.” Indeed, there’s only about half a tonne of literature showing the connection between land use restrictions and house prices.

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