Is it time for housing policy to pay more heed to the costs and the benefits of location?
Location, location, location. They may be the oldest three rules in the property world. But do we need to take those rules more seriously in housing policy? When I owned a flat in Islington, London, in the 1990s I was surprised just how little the insurance cover was for the building relative to the potential sale price. It covered little more than the value of any one of the four flats into which the building was divided. Even back then…