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George Monbiot Completely Misunderstands the Housing Market

GEORGE Monbiot completely misunderstands the housing market isn’t all that much of a surprise of course: the list of matters economical that George can misunderstand is fairly long.

But what’s getting him today is that there’s a reform of the planning system in the air. This, according to him, means that the bastard plutocrats will be able to build all over this green and pleasant land and once again the bastard plutocrats will make pots of money.

Strong planning is one of many factors, but it is symptomatic of a political culture that puts the national interest above the self-interest of the rich and the long view above the quick buck. Pickles and Osborne are seeking to rip up England’s planning system for the same reasons that they want to drop the proposed new banking rules: corporate power, cronyism and plutocracy, the forces that got us into this mess.

Erm, no, not really, In fact entirely the other way around.

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Posted: 6th, September 2011 | In: Money | Comment