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        Green belt swallowed up by new homes
 
28/11/2002 (source: The Times)


An area of green-belt three times the size of Hyde Park in Central London is covered in houses every year in the South East.

On average 8 per cent of all land that was developed for housing was carved out of the green belt.

The revelation is embarrassing for the Government, which has repeatedly declared that it will protect the green belt. Housing developers have been pushing hard to build on it, saying that it will be impossible to satisfy accommodation needs without doing so.


 
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.