Using the United Kingdom as a case study, this well-researched account shows how, for more than 200 years, a remarkably regular 18-year cycle of boom and bust can be traced to the peaks and troughs in land prices. This exploration reveals how governments, during the upswing of the cycle, are complicit in encouraging a belief that property prices will continue upwards indefinitely because of their skilled management of the economy and attributes the current crises to public policy on both sides of the Atlantic. An alternative plan to neutralize the next boom--one that would lead to a more...
Using the United Kingdom as a case study, this well-researched account shows how, for more than 200 years, a remarkably regular 18-year cycle of boom ...
UK tax policies will prevent Theresa May from honouring her promise to rebalance the economy and enhance people's life chances, according to economist Fred Harrison. He repeats the10-year forecast he gave when Tony Blair came to power in 1997: Mrs May has 10 years to reform taxes to prevent the next property boom which will otherwise turn to a devastating bust in 2026. The UK loses about 500bn every year in wealth due to "bad" taxes. Across Europe, nations lose 1 trillion euros from VAT alone, according to Mason Gaffney, emeritus professor of economics at the University of California....
UK tax policies will prevent Theresa May from honouring her promise to rebalance the economy and enhance people's life chances, according to econom...
