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Constraining demand by restricting the ability of non-UK residents to buy property makes sense (Tokyo does this), but to penalize...
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...UK residents trying to move there is very wrongheaded--as is trying to move London's growth to other northern cities.
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London got to where it is with strong *local* business growth, not by getting transplant after transplant from more successful cities.
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And are impotent to solve, b/c London has what those northern cities do not--which is why people try to live there, etc
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Be that as it may, the northern cities can't be made suddenly desirable by fiat--London's size is a crucial part of what makes it desirable
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No worries! Still an interesting read
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