tag:blogger.com,1999:blog-2277215496195926573.post9050310831019931938..comments2024-01-01T07:41:51.347-08:00Comments on RALPHONOMICS: The Independent spouts nonsense on house building.Ralph Musgravehttp://www.blogger.com/profile/09443857766263185665noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2277215496195926573.post-67349174232032660912016-03-02T10:00:32.726-08:002016-03-02T10:00:32.726-08:00That's such a good point that I put it on twit...That's such a good point that I put it on twitter and claimed all the credit for it - i.e. didn't mention you...:-)Ralph Musgravehttps://www.blogger.com/profile/09443857766263185665noreply@blogger.comtag:blogger.com,1999:blog-2277215496195926573.post-43986962043098633872016-03-02T04:31:35.120-08:002016-03-02T04:31:35.120-08:00This is a complex problem,but this kind of stateme...This is a complex problem,but this kind of statement is ridiculous.<br /><br />"Clive Betts, the Labour chairman of the Local Government Select Committee, said: “I think it is clear that the big developers are building at a rate to maximise their profits rather than addressing the country’s housing need.”<br /><br />Well er yes ,that's what private corporations do,they are really not in business to address the nations needs.The state is the only actor that can intervene here.Shelter have done studies on this and shown it is landowners who get the lion share of profits from this process not builders.Builders will build and sell more expensive homes as that maximises their profit.As Shelter also pointed out this is entirely rational behaviour.If you want more affordable homes building then only the state can intervene in the market to make this happen.The current housing free market,from land owners, to builders to buyers does not get us the homes we need building built...simple.Anonymoushttps://www.blogger.com/profile/14758456556310738132noreply@blogger.com