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  • European Housing Disasters0

    • October 11, 2012

    Land-use planning has made British housing so expensive that more than half of all homeowners expect to have to downsize the next time they move while only 22 percent expect to upsize. Home prices in Britain and other European countries with lots of land-use regulation tend to bubble as much as prices in California and […]

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  • Renationalization or True Privatization?0

    • October 10, 2012

    United Kingdom’s Department for Transportation is in trouble over a plan to transfer the franchise to run passenger trains over the London-Glasgow West Coast route from Virgin Trains (which is 49 percent owned by Stagecoach) to rival First Group. After fifteen years, Virgin Trains’ franchise is set to expire in December, and when the government […]

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