We need to lower the cost of land to true market prices

After many decades of political obscurity, reforming the way that land is bought, sold and owned is back on the agenda. It’s about time too: the dysfunctional land market is at the heart of our broken housing market – and underpins the total failure to build enough high quality homes that people can actually afford. One thing we’re hoping for in next week’s budget is a sign that Downing Street is ready to overcome bureaucratic opposition to real reform.

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