Sunak’s pledge to protect ‘green belt’ will impose ineffective and costly regulation on the housing sector
Marc Glendening writes to The Telegraph
Sam Collins writes for ConservativeHome
Matthew Lesh quoted in The Express
New IEA research, edited by Matthew Lesh and IEA Head of Political Economy Kristian Niemietz, further examines the impact of such regulations on the housing sector.
“Rishi Sunak’s housing proposals would flush aspiration down the drain. It reveals a serious lack of ambition to reform the country and boost living standards.
The ‘green belt’ is a misnomer. It does not protect green space, it restricts the ability of cities to expand in the name of preventing urban sprawl. In practice, however, it has failed in that goal and instead pushed urban growth further afield, resulting in less productive cities, longer commutes and more pollution.
Planning restrictions significantly push up the cost of living, while making homeownership unattainable, forcing people into lowering paying jobs and increasing commute times and pollution. There are smart solutions, like street votes, that can achieve more housebuilding with local support.”
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