pogo wrote:VNVObit wrote:Do you actually know what decisions are made locally as opposed to centrally (even county or city level)?
Personally, no. But the planning system is the main impediment to solving the housing crisis, and has been for more than a decade
Is it bollocks.
The main impediment to solving the housing crisis is that building cheap housing is not a profitable enterprise. Or, rather, the opportunity costs of building cheap housing are the greater profit from building expensive housing and the lost paper profit from not holding on to land which is appreciating in value. House builders have to be legally compelled to build affordable housing along with luxury residences, a requirement which they regularly and frequently flout.
One might feel tempted to argue that building expensive houses is good enough because it relieves a little bit of demand in the system and thus reduces prices across the board. But it doesn't work; it isn't working. As with every other form of trickle-down economics, there's a man at the top with a mop.
Given how much of a mess "the market" has made of housing it's hard to see how it will be satisfactorily solved without letting local governments build again. By "mess", I mean a mess for people. For business it's pretty good: there's a great deal of money to be made from the apparently permanent rise in house and land prices.
Also "the planning system" isn't just about not building on fields. It's about planning and building schools, hospitals, roads and utility services sometime decades in advance of full utilisation. Even if they wanted to, you can't allow Houses Corp to build and build and build because they will do just that and then to the surprise of no-one you've created a slum.