Timmy elsewhereAugust 7, 2014 Tim WorstallTimmy Elsewhere3 CommentsAt the ASI. Quantifying how much planning regs have pushed up house prices. previousWe all know who killed Jim Morrison dearnextWe’re going to need a new explanation of why heroin works then 3 thoughts on “Timmy elsewhere” Nessimmersion August 7, 2014 at 9:11 am My goodness, the LVT mob will be all over this, looking for errors, MW was extremely scathing with a builder last week who had the temerity to suggest regulations pushed up his costs. Andrew M August 7, 2014 at 9:39 am Are NIMBYs the same as planning regulations? We can’t have Kowloon’s population density in Chelsea because the existing residents won’t stand have it. bloke (not) in spain August 7, 2014 at 11:49 am It always seems to me, when looking at house prices, too much attention is given to the wrong supply/demand aspect. The thing pushes house prices up more than anything is credit creation. If there isn’t the money available to pay a price then that will not be the market price. And I’d want a lot of convincing, the end beneficiary of house price rises isn’t the credit creation industry. It’s certainly rarely the householder because to benefit from increased values requires the owner to cash out. Something that’s rarely possible. And it’s not the physical builders of houses, where there’s an entirely separate market operating to limit prices. Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.