Pushing water uphill: containment policies doomed to fail

Cheshire, Paul (2024) Pushing water uphill: containment policies doomed to fail. Town Planning Review. pp. 1-15. ISSN 0041-0020

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Abstract

London has had a green belt for seventy years making it the ‘canary in the coal mine’ for ‘zero land take’. Because of strong demand for housing space, rising prosperity underlies rising urban land demand so rigid physical limits increase real prices over time. Agglomeration economies ensure economic growth is disproportionately focused on our biggest cites. Thus policies limiting land supply cause ever increasing problems of housing unaffordability, inequity and foregone prosperity, eventually overwhelming rigid growth boundaries. If reducing urban land take is the aim, other instruments are needed, but current justifications for zero land take need re-examination.

Item Type:	Article
Additional Information:	© 2024 Liverpool University Press
Divisions:	Geography & Environment
Subjects:	G Geography. Anthropology. Recreation > G Geography (General) J Political Science
Date Deposited:	19 Aug 2024 13:09
Last Modified:	12 Dec 2024 04:25
URI:	http://eprints.lse.ac.uk/id/eprint/124602

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