Homeownership rates vary considerable across Europe; both across and within countries. Homeownership propensities are high in Southern Europe, in the UK and in Ireland and comparably low in the Alpine countries. Within each country households are much more likely to own outside of large cities....

Introductory economics tells us there are three factors of production: land, labour and capital. Unless a student of agricultural economics, land as a factor of production will never be mentioned again. Yet space for some industries is a significant input and that would seem to be true of...

Office space in Britain is the most expensive in the world. Even in a struggling, medium sized city, like Birmingham, costs are more than 40 percent higher than in Manhattan although construction costs half as much. Taken together with research showing a significant negative net welfare effect...