Indeed. If all companies within a sector are paying broadly the same (which is, ironically, also their excuse for doing so), then there's little competitive incentive to trim costs - when the costs t… (View Post)
The market is primarily broken by planning restrictions and micromanagement. Bringing prices down - which means expanding supply - is the biggest single thing that could address all the above problem… (View Post)
I profoundly disagree. Leave aside Runcorn - a seat Labour won by 35% a year ago - they've taken one mayoralty and have come perilously close to winning three more, all from pretty much a standing st… (View Post)
And yet still they sell, so people clearly can afford them. If we build enough, they will become affordable to more people. That's the glory of the market. This is true whether we build a million 5-b… (View Post)