Tag: England

A couple of years ago I included a chart of house building in a blog post arguing that young people shouldn’t necessarily support the removal of planning controls. The chart covered the period from 1955 to 2010, and showed that: The only time ¬†that the UK has seen house building match demand, and kept housing affordable, was when councils built in huge volumes from the 1950s to 1970s. If you think price bubbles are all about supply, explain the continued volatility of house prices through the 1950s, 60s and 70s. People who want to see a massive expansion in house building can have their spirits dampened in other ways.¬†Christopher Buckle from Savills wrote an interesting blog post suggesting that, on that house building data from the 1950s to the present day, a major boom looks very unlikely. He wrote: If private sector housing delivery grew by 7.5% every year until…

Read More Who built all that housing in England?