{"id":6954,"date":"2013-03-12T21:21:28","date_gmt":"2013-03-13T01:21:28","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6954"},"modified":"2013-03-12T21:21:28","modified_gmt":"2013-03-13T01:21:28","slug":"why-british-prosperity-is-hobbled-by-a-rigged-land-market-centre-for-european-reform","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/why-british-prosperity-is-hobbled-by-a-rigged-land-market-centre-for-european-reform\/","title":{"rendered":"Why British prosperity is hobbled by a rigged land market &#124; Centre for European Reform"},"content":{"rendered":"<p>Simon Tilford, chief economist at the Centre for European Reform, writes:<\/p>\n<blockquote style=\"background-color:#ddddff;\">\n<p>The British have the least living space per head, the most expensive office rents and the most congested infrastructure of any EU-15 country. Thanks to a rapidly growing population \u2013  the result of a healthy birth-rate and immigration \u2013 these trends are worsening steadily. At the same time, the British economy is languishing in a prolonged slump brought on by a collapse of demand. The answer is obvious: Britain needs to build more. Unfortunately, the obstacles to development are formidable&#8230;.<\/p>\n<\/blockquote>\n<p>A similar problem to Australia: restricted land release drives up prices, making home ownership inaccessible to the younger generation while damaging the construction industry.<\/p>\n<p>Read more at <a href='http:\/\/centreforeuropeanreform.blogspot.com.au\/2013\/02\/why-british-prosperity-is-hobbled-by.html'>Centre for European Reform: Why British prosperity is hobbled by a rigged land market<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Simon Tilford, chief economist at the Centre for European Reform, writes: The British have the least living space per head, the most expensive office rents and the most congested infrastructure of any EU-15 country. Thanks to a rapidly growing population \u2013 the result of a healthy birth-rate and immigration \u2013 these trends are worsening steadily. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/why-british-prosperity-is-hobbled-by-a-rigged-land-market-centre-for-european-reform\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Why British prosperity is hobbled by a rigged land market &#124; Centre for European Reform&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,5,33],"tags":[1703,2064],"class_list":["post-6954","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-economy","category-uk-europe-countries-regions","tag-home-ownership","tag-land-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why British prosperity is hobbled by a rigged land market &#124; Centre for European Reform - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Why British prosperity is hobbled by a rigged land market &#124; Centre for European Reform - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Simon Tilford, chief economist at the Centre for European Reform, writes: The British have the least living space per head, the most expensive office rents and the most congested infrastructure of any EU-15 country. Thanks to a rapidly growing population \u2013 the result of a healthy birth-rate and immigration \u2013 these trends are worsening steadily. &hellip; Continue reading &quot;Why British prosperity is hobbled by a rigged land market &#124; Centre for European Reform&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/12\/why-british-prosperity-is-hobbled-by-a-rigged-land-market-centre-for-european-reform\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2013-03-13T01:21:28+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/12\\\/why-british-prosperity-is-hobbled-by-a-rigged-land-market-centre-for-european-reform\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/12\\\/why-british-prosperity-is-hobbled-by-a-rigged-land-market-centre-for-european-reform\\\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Why British prosperity is hobbled by a rigged land market &#124; Centre for European Reform\",\"datePublished\":\"2013-03-13T01:21:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/12\\\/why-british-prosperity-is-hobbled-by-a-rigged-land-market-centre-for-european-reform\\\/\"},\"wordCount\":144,\"commentCount\":1,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"keywords\":[\"home ownership\",\"land release\"],\"articleSection\":[\"Australia &amp; NZ\",\"Economy\",\"UK &amp; Europe\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/12\\\/why-british-prosperity-is-hobbled-by-a-rigged-land-market-centre-for-european-reform\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/12\\\/why-british-prosperity-is-hobbled-by-a-rigged-land-market-centre-for-european-reform\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/12\\\/why-british-prosperity-is-hobbled-by-a-rigged-land-market-centre-for-european-reform\\\/\",\"name\":\"Why British prosperity is hobbled by a rigged land market &#124; Centre for European Reform - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"datePublished\":\"2013-03-13T01:21:28+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/12\\\/why-british-prosperity-is-hobbled-by-a-rigged-land-market-centre-for-european-reform\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/12\\\/why-british-prosperity-is-hobbled-by-a-rigged-land-market-centre-for-european-reform\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2013\\\/03\\\/12\\\/why-british-prosperity-is-hobbled-by-a-rigged-land-market-centre-for-european-reform\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Why British prosperity is hobbled by a rigged land market &#124; Centre for European Reform\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\\\/2009 and 2020 bear markets well ahead of actual events. 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He founded PVT Capital (AFSL No. 546090) in May 2023, which offers investment strategy and advice to wholesale clients.","sameAs":["https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/","https:\/\/www.instagram.com\/colin_thepatientinvestor","https:\/\/au.linkedin.com\/in\/colintwiggs"],"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/investor\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-1Oa","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":12070,"url":"https:\/\/thepatientinvestor.com\/index.php\/2015\/07\/15\/could-a-new-property-tax-save-the-economy\/","url_meta":{"origin":6954,"position":0},"title":"Could a new property tax save the economy?","author":"ColinTwiggs","date":"July 15, 2015","format":false,"excerpt":"Interesting article by Robin Christie | 16 Jul 2015 Property levies could be the key to fixing state and territory budgets, and could raise as much as $7 billion a year, the Grattan Institute has claimed. Grattan\u2019s \u2018Property Taxes\u2019 report.....explores how imposing a broad-based property levy could help Australia\u2019s state\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7082,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/19\/reform-universities-by-cutting-their-bureaucracies\/","url_meta":{"origin":6954,"position":1},"title":"Reform universities by cutting their bureaucracies","author":"Colin Twiggs","date":"March 19, 2013","format":false,"excerpt":"Insight into the growth of bureaucracy in universities from The Conversation: In earlier times, Oxford dons received all tuition revenue from their students and it\u2019s been suggested that they paid between 15% and 20% for their rooms and administration. Subsequent central collection of tuition fees removed incentives for teachers to\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6982,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/15\/what-australia-needs-is-lower-land-prices\/","url_meta":{"origin":6954,"position":2},"title":"What Australia needs is lower land prices","author":"Colin Twiggs","date":"March 15, 2013","format":false,"excerpt":"Australia enjoyed a mining boom over the last ten years but now faces a fall-off in capital expenditure on new projects as commodity prices fall. The RBA, eyeing the coming slow-down with some trepidation, is hoping that housing construction recovers to fill the void. So far the housing market has\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9746,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/04\/30\/no-alan-more-income-tax-is-not-the-answer-macrobusiness\/","url_meta":{"origin":6954,"position":3},"title":"No Alan, more income tax is not the answer | MacroBusiness","author":"ColinTwiggs","date":"April 30, 2014","format":false,"excerpt":"Leith van Onselen comments on Alan Kohler's support for a proposed debt levy: The first best solution is to shift Australia\u2019s tax base away from productive enterprise (both individuals and companies) towards more efficient sources, such as land, resources and consumption. According to the Henry Tax Review, the marginal excess\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8028,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/07\/07\/its-time-to-levy-the-land-naked-capitalism\/","url_meta":{"origin":6954,"position":4},"title":"It\u2019s Time to Levy the Land | naked capitalism","author":"ColinTwiggs","date":"July 7, 2013","format":false,"excerpt":"There are growing calls for increased use of land value taxes to replace income taxes and corporations taxes as a major source of government revenue. Yves Smith points out: Income and sales taxes add to the price of doing business, and hence reduce their supply and competitiveness. Most economists \u2013\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2439,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/29\/oecd-sounds-warning-on-global-economy\/","url_meta":{"origin":6954,"position":5},"title":"OECD Sounds Warning on Global Economy","author":"ColinTwiggs","date":"November 29, 2011","format":false,"excerpt":"The OECD now forecasts the eurozone economy to be in a six-month recession lasting through the first quarter of 2012, followed by a slow recovery that will leave the 17-nation bloc with only 0.2 percent growth next year. Despite the OECD's warning, European markets enjoyed one of their best sessions\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=6954"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6954\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=6954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=6954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=6954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}