Closed borders won’t build houses
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Kristian Niemietz quoted in The Telegraph
The article said:
“Kristian Niemietz…said concerns about the pressure of increased migration on the housing market could be resolved by a more flexible planning system.
“Pointing to examples in America, he said: ‘Net migration creates a problem, but this doesn’t have to be the case. We need a sufficiently flexible supply side.’
“Mr Niemietz said the city of Houston, Texas, has had higher rates of population growth, with virtually zero impact on house prices because it has a planning system that quickly allows for more homes to be built where needed.”
Read the full article here.
Kristian’s comments were also featured in Yahoo! and MSN.