A few weeks ago the Times reported that Lloyds Banking Group had purchased 45 new homes to let in Peterborough. This is part of a plan for Lloyds to own 50,000 homes by 2031. Given the median home in the City is now worth over 7 times the annual earnings of the typical resident, it is understandable … [Read more...]
Prince Charles on urbanism: the good and the bad
Prince Charles, perhaps the world's most famous urbanist, on Dharavi, which he's planning to replicate in either Calcutta or Bangalore: Unlike the ‘fragmented, deconstructed housing estates’ built in the West, the slum has ‘order and harmony’ he claimed, adding: ‘We have a great deal to learn about … [Read more...]
Unintended Consequences of Stop Signs
The latest edition of the Atlantic Monthly features an article by John Staddon, a Professor of psychology and brain sciences at Duke University. The article discusses some of the differences in how the US and Britain regulates traffic and how there are unintended consequences to over-regulation. … [Read more...]