Laurie Macfarlane — It’s Time to Call the Housing Crisis What It Really Is: The Largest Transfer of Wealth in Livin

Skyrocketing land rent in the UK.

In just two decades the market value of land has quadrupled, increasing recorded wealth by over £4 trillion. The driving force behind rising house prices — and the UK’s growing wealth — has been rapidly escalating land prices.

For those who own property, this has provided enormous benefits....

Open Democracy
It’s Time to Call the Housing Crisis What It Really Is: The Largest Transfer of Wealth in Living Memory

Laurie Macfarlane