Land now 51% of UK’s net worth – a enormous transfer of wealth to landowners,say campaignersA dramatic rise in land values pushed Britain’s wealth to a fresh tall of more than £10tn last year, highlighting the enormous gains made by developers in property hotspots across the UK.
From London and the home counties to Cambridge and popular parts of Devon and Cornwall, or land values gain become the single largest element of wealth,dwarfing household wealth locked up in property and financial savings.
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Source: theguardian.com