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        700,000 homes could be built on farmland close to London 
 
10/03/2003 (source: The Telegraph) - continued


"There is a whole variety of ways in which a more responsive system could find space for extra homes which Whitehall has missed."

Pierre Williams, of the House Builders' Federation, said: "We need to look again at Green Belt policy to see if it offers the most environmentally friendly and sustainable way of providing London's present and future housing needs. We need to look at it plot by plot to see whether it is of value."

 
Land prices have risen by more than 926%in the last twenty years out-stripping house prices.
Source: BBC
Large developers have been ‘stockpiling’ land into their own land banks with the knowledge that in future years as towns and city’s naturally expand planning will be granted.
This enables the shrewd private investor to emulate the fortunes that have been made by developers without tying up huge sums of money.