{"id":106323,"date":"2019-04-21T23:45:06","date_gmt":"2019-04-21T16:45:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/broken-land-ownership-system-fuels-inequality-letters\/"},"modified":"2019-04-22T00:09:15","modified_gmt":"2019-04-21T17:09:15","slug":"broken-land-ownership-system-fuels-inequality-letters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/broken-land-ownership-system-fuels-inequality-letters\/","title":{"rendered":"Broken land ownership system fuels inequality | Letters"},"content":{"rendered":"<p>&#013;<br \/>\nThe unequal distribution of land has created serious problems in housing provision and wider society, say readersThe revelation that half of England is owned by less than 1% of the population (Report, 18 April) is a stark example of how broken our archaic system of land ownership is. This inequality is a sign of the wider inequalities in British society, but also has a more immediate impact: seriously exacerbating the housing crisis. The high cost of land for new homes, and lack of transparency around ownership, are some of the key causes of this national emergency. An acre of land becomes up to 275 times more expensive when it is granted planning permission for new houses. This means developers are incentivised to build high-cost luxury housing to recoup their costs and often try to minimise their affordable housing contributions.The government should change the law to rectify this, allowing land to be sold more quickly and for what it is actually worth, rather than the vastly inflated sums it can command. This would allow public bodies and not-for-profit housing associations, which build the majority of affordable housing in the UK, to afford land to build genuinely affordable homes. If we want to solve the housing crisis, we must take aim at our broken land market.James PrestwichHead of policy, National Housing Federation Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2019\/apr\/21\/broken-land-ownership-system-fuels-inequality\" target=\"_blank\">Broken land ownership system fuels inequality | Letters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The unequal distribution of land has created serious problems in housing provision and wider society,&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-106323","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rET","jetpack-related-posts":[{"id":31760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/our-society-has-lost-control-of-housing-heres-how-to-get-it-back\/","url_meta":{"origin":106323,"position":0},"title":"Our society has lost control of housing \u2013 here&#039;s how to get it back","date":"October 26, 2016","format":false,"excerpt":"\r The housing market works for neither renters nor homeowners, but community-led schemes and keeping land public could helpWhen community action is matched with local democratic powers we can halt big developers building second homes for wealthy visitors \u2013 as the resident-led St Ives neighbourhood plan has shown \u2013 and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ppt-lvt-iht-which-is-fairer-than-council-tax-letters\/","url_meta":{"origin":106323,"position":1},"title":"PPT, LVT, IHT \u2013 which is fairer than council tax? | Letters","date":"April 18, 2023","format":false,"excerpt":"\r Carol Wilcox, Jeremy Scroxton and Linda Buckingham respond to proposals to replace local government funding arrangementsRe Larry Elliott\u2019s article (A property tax based on annually uprated values would be a gamechanger, 9 April), a proportional property tax (PPT) is indeed fairer than council tax. In particular, it reverses the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95985,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tackling-barriers-to-financing-homes-on-mori-land-and-boosting-home-ownership\/","url_meta":{"origin":106323,"position":2},"title":"Tackling barriers to financing homes on M&#257;ori land and boosting home ownership","date":"August 14, 2018","format":false,"excerpt":"\r Experts from across Aotearoa have joined forces to tackle barriers to financing M\u0101ori housing and boosting home ownership.M\u0101ori home ownership rates are less than half those of the general population. Rising housing...\r \r Source : nzherald.co.nz\/Property\r Read more...Tackling barriers to financing homes on M\u0101ori land and boosting home ownership","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140058,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/from-right-to-buy-to-housing-crisis-how-home-ownership-killed-britains-property-dream\/","url_meta":{"origin":106323,"position":3},"title":"From right to buy to housing crisis: how home ownership killed Britain\u2019s property dream","date":"October 29, 2023","format":false,"excerpt":"\r Margaret Thatcher\u2019s \u2018property-owning democracy\u2019 project drove a mass sell-off of social housing and the growth of private ownership. Now, after more than 40 years of soaring prices and growing inequality, is it time to change course?Property: natural and imprescriptible human right, foundation of freedom, engine of wealth, maker of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130621,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/to-turbocharge-home-ownership-hong-kong-needs-a-new-subsidised-housing-scheme\/","url_meta":{"origin":106323,"position":4},"title":"To turbocharge home ownership, Hong Kong needs a new subsidised housing scheme","date":"October 8, 2022","format":false,"excerpt":"\r Subsidised housing prices should be tied to household income, not land premiums, so as to give more families home ownership opportunities. Allowing more people to buy their own homes would ease the government\u2019s burden of providing public rental housing \u2013 and boost the economy.\r \r Source : South China\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/finding-solutions-to-the-uks-housing-crisis-letters\/","url_meta":{"origin":106323,"position":5},"title":"Finding solutions to the UK\u2019s housing crisis | Letters","date":"October 17, 2017","format":false,"excerpt":"\r Readers respond to Britain\u2019s chronic shortage of affordable housing with solutions of their ownLarry Elliott suggests five steps to fix the housing market (Britain\u2019s broken housing market \u2013 and how to fix it, 9\u00a0October) which include Kate Barker\u2019s idea of \u201cacquiring\u201d large sites abutting urban areas at a modest\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106323"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=106323"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/106323\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=106323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=106323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=106323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}