Renegade Economists Show 537
Peter Smith, social housing developer and late night rocker, joins to discuss the UK economy, revealing a key formula that developers use to manufacture scarcity and thus profits. Make sure you rock out in the middle of this episode as we return to discuss the game of monopoly and how we could really share the bounty of the earth.
Vorte – Share the Rents, the song to be released soon.
UK land valuation graph
Drip feeding formula via Savills: There has been a 10 to 1 ratio between overall market transactions and private housebuilding starts for the last 25 years.
10 sales are required before builders will build ONE new property! OMG its even worse than we discussed!
Planning permissions versus cumulative unbuilt rezoned property:
Here’s the Twitter and watch #LVT, #commons, #rentier.
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