Gmarthews said:You seems a bit confused Giles. You ask “What problem?” as if I haven’t described the problem in detail, and then go on to answer the exact problem i’ve been on about! It is a LAND problem you state but actually it is a SPACE problem, and the only 2 unlimited resources of this are up and down.
Your “let’s build on more land” idea is exactly the kind of lack of vision our politicians suffer from.
My land tax idea would ensure that the limited resource, which our current system fails to organise well enough, is organised to the benefit of the economy and of the jobs it would create. A tax free amount would also ensure that the poor are not impacted on too much.
Europe as a whole has land which is too expensive and all too many land owners who have proved that they do not go remotely towards an optimal through limitting the supply leading to high prices which impact on the whole economy. The time has come to change this archaic system, and to organise the evident market failure. That is the duty of any government, and should be done as soon as possible.
There is no need for revolution we can just organise it so that those who have a lot of land for their own personal use, pay for the privilege.
The main thing that is "archaic" are the massively restrictive planning laws in the UK. Most people in the UK *aspire* to own their own HOUSE, not a high-density city apartment. That won't change. So, either you give people what they want, or you don't.
Giles..