The Economist reviews housing prices in London, one of the most expensive cities in the world, and what do you know, it finds that high housing prices are due to urban planning. “The biggest constraint on development in London is the Green Belt,” says the magazine that calls itself a newspaper. “Tt runs (with perforations) all around London, to a depth of up to 50 miles, and bans almost all building on half a million hectares of land around the city.”
Ah, but Britain has 62 million people in an area slightly smaller than the state of Oregon (94,000 vs. 98,000 square miles), so those greenbelts are needed to preserve farms, forests, and open space, right? Not really.
As a BBC writer points out, urban areas cover just 6.8 percent of the United Kingdom (10.6 percent of England, 1.3 percent of Scotland, 3.6 percent of Northern Ireland, and 4.1 percent of Wales). Moreover, much of the land inside those urban areas is open space, so less than 2.3 percent of England, and even smaller proportions of the rest of the kingdom, have been “paved over.”
