The Independent: "Edward Glaeser argues making London bigger, better, and more important"

Link to The Independent

"If London is so productive, then why don't more people live there? Greater London's population has grown only modestly more than the national average since 1981, about 14 per cent. For many people, high prices prevent living in London. House prices in London are more than 50 per cent higher than the national average.

"... Cities can add housing by building up or by building out. Both avenues are restricted in Greater London. Environmentalism, as expressed by the city's green belt, limits the development of new homes on the urban edge. Preservationism, as expressed by myriad restrictions on rebuilding the urban core at higher densities, limits the development of more central residential towers."