– less land than we gain every day when the tide goes out.
No: the real scarcity is of permission to build. A hectare of farmland in Barnet, north London – yes, there is farmland in Barnet – might be worth £20,000, but planning permission is so hard to come by, itif granted, a 900-fold rise. Outside somewhere like Cambridge, the rise might be by “just” 200 times, to £4m or so.
Every region in England devotes more land space to road transport than to housing – many devote two or three times as much That makes housing sprawl the norm across much of Britain, as people are forced to rely on cars, and miss out on the benefits of urban density, such as busier high streets, a wider range of public services, better public transport and greater walkability – with knock-on effects on health and wellbeing. Every region in EnglandMore driving means more CO2. City cores are islands of lower CO2 emissions per head, because people can walk and rely on public transport in ways not possible elsewhere.
Cities have always drawn those in search of a better life, because they act as cultural and economic melting pots where people can make the most of their talents. This isn’t just a romantic idea. In the US, each doubling of a city’s size is associated with a rise in productivity per person of between
Source: Real Estate Daily Report (realestatedailyreport.net)
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