First of the reference to Lockridge was in response to Lord epus arguement that people will not move to newly developed land further out even if it is cheaper.
the fact a large number of people did live in Lockridge even though when it was first developed it was in the middle of no whare with a high crime rate, disproves his theory.
His arguement is based around the assumption that the only result that can come from high demand for property is higher prices, ignoring the option of governments getting serious about opening up more land
A point you have supported in your statements re the new railway.
With proper infrastructure (which is what I mena about governemtns getting serious about the supply shortage) the distance problem can be over come.
I also interesting that another of the regular property bulls here was critisizing people for complaining about property prices when there were heaps of cheap properties still avliable
Not 20, 30 or 40 km out bout 150 + km out in small nothing country towns
The whole arguement around supply and demand is that a growing population is going to drive that demand. This means more housing must be built either by increase the density of existing areas or building futher out.
And if present governments mismanage this as bad as previous governemtns have resulting in bottle necked supplies and higher prices, then they will be thrown out of office as housing becomes more unaffordable to more people
