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As House Prices Soar, UK Weighs New Cities

As London’s housing crisis deepens, the U.K.’s coalition government is looking to a solution first embraced in the early decades of the last century: the self-contained Garden City.

The U.K.’s first garden cities–Letchworth and Welwyn Garden City–were established in Hertfordshire, 34 and 20 miles north of London, in 1903 and 1920 respectively. They were intended to provide an alternative to overcrowded city living, while preserving the green space around the metropolis.

via As House Prices Soar, UK Weighs New Cities – Real Time Economics – WSJ.

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