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- Joined: Sun Aug 03, 2014 12:55 pm
Jantra wrote:Cambo
I've made it clear I was referring to London meaning the west end - the Georgia townhouses and so on. I'm not going to use the slums of London docklands as a shining light of unplanned development As it would be foolish to do so.
The point ment being made is that you don't need a tightly regulated market to promote quality. As far as I know, the car industry isn't regulated anywhere near as much as the housing market yet it's the second biggest purchase most of us will make. Despite this lack of regulation we still see excellent quality and workmanship right the way through the price spectrum. Just because slums were erected in the past doesn't means that if left unregulated the house builders would do so again. Society has changed considerably and expectations are now much higher.
It's not so much the intervention and regulation, it's the micro management of economic activity that frustrates. In 15 years or so the uk will build 200 miles of HS2. In six years the chinese build 1200 miles. We are at risk of being left behind due to petty bureaucracy and an inability to flex and bend depending on the individual circumstance.
@reddragon
The point regarding the Georgian townhouses was that almost all of the west end was built before planning and building control came into being yet we don't see these areas as being anything other than the finest addresses in the uk.
After the Great Fire of London in 1666, this act was passed by Parliament:
http://en.wikipedia.org/wiki/Rebuilding ... n_Act_1666