The more roads creates more cars argument goes:- more, better roads means more people are enticed to drive- the journey by car is faster and more pleasant with the new road or by-pass or motorway lane- then, with more traffic, as constriction and queues and traffic jams appear, that route is less attractive so people opt for alternatives (train, don't travel, etc.)Let's try to make this work for more homes.- there are more houses built in the UK- the mix of demand and supply changes so the price of houses drops- people have less positive equity in their house- people feel less wealthy so they stop spending, so the economy slowsEr, that's it.Right, what was the point of the comparison again?
Alan Clark ● 5985d