Is the “housing shortage” real or artificial? How could the situation be improved?
Towns would be renewed without gain to speculators, and planners would be relieved of pressure from landowners intent on maximising profit from undesirable developments. The will of the community, and preservation of the natural environment would become the deciding factors in planning decisions.
Thus LVT would work to do away with waste of natural and human resources. It would extend production on appropriate sites, thus increasing opportunities for employment and raising real wages. A more prosperous community would be in a position to demand a higher standard of design and construction. The “housing shortage” would disappear.