Telegraph editorial today criticises John Prescott for saying "we need" half a million new houses, saying that this is socialist planning akin to incomes policies and the three-day week. It notes that Ministers do not say how many cars we should manufacture (did they ever?) but they still feel we should do this with housing.
All fair enough, one might think. Then however it says that the solution is devolution to local communities, where they can weigh up the claims of affordable housing and preey hedgerows.
But of course this is MORE government intervention, just at the local level. What the Telegraph should really be calling for, it if believes its opening paragraph, is for removal of all planning regulations. Currently due to them building land sells for £2.76m per hectare, 300 times more than the value of agricultural land, which fetches a mere £9,122. Remove them and you would see what the market would do with the land, and I can tell you that it might be a somewhat extreme version of what the Telegraph says:
"has been a sudden and irreversible transformation of our landscape, with large parts of Kent, Surrey, Susses, Berkshire and Hertfordshire becoming a more or less continous metropolis"
Clearly there are good reasons not to do this totally, but spare us the lectures on free markets please!