Download or read book Solving the UK Housing Crisis written by Daniel Rossall Valentine and published by . This book was released on 2017-10-17 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Britain has become a country divided into two nations, people who are on the property ladder and who are benefiting from property price rises, and those who are not on the ladder and fear never being able to get onto the ladder since property prices are rising faster than salaries. This second group face a lifetime living at the parental home or being at the mercy of rolling 12 month tenancies.Building more houses, despite being the solution most widely touted, is not the answer to the UK's housing crisis. In the face of demand from both domestic and overseas investors who see housing as a safe haven for their money, building more houses will have no downward effect on prices. The author proposes a radical package of policy measures that will eliminate the artificial inflation of house prices which has occurred over the last twenty years. These policy measures, if enacted, will reunite the UK, by enabling young British people once again to realistically aspire to own their own homes.Politicians and commentators in the UK have shown a lack of ideas in relation to solving this crisis. Media understanding and analysis of economic and fiscal matters in the UK is very weak, and highly dependent on the press releases of Government and industry bodies. The UK's powerful housing lobby has stepped into this intellectual vacuum by promoting house-building as the solution. However, this report demonstrates that new houses cannot be the primary solution to this immense problem. It is pure fantasy to think that the global demand for British houses can ever be met. Every town and village in the South of England would be ruined by millions of under-sized and under-quality flats and houses before demand was close to being met from the world's 15 million strong financial elite, and house prices would still keep on rising. The solution to the UK's housing crisis lies not in the creation of new housing stock but in changing the usage patterns of existing stock.This report urges that measures are taken to limit the investment demand for houses. It is investment demand (not the commonly mentioned "shortage of new houses") that has corrupted the housing market in many areas and pushed average house prices out of the reach of average citizens. The solution to the housing crisis is similar to the solution to the banking crisis of 2007/8. Just as consumers had been damaged because banks had failed to separate high-street banking from an increasingly aggressive and dominant investment banking operation that was driven by an excess of elite money, so the UK housing market needs separating from a global investment market. Since housing has become an investment market, it should be regulated closely like other investment markets. The process of market separation is neither complex nor expensive and it will once again allow British citizens to own a share of their own nation. This report focuses on the international aspect of this problem, the issue of foreign buyers, since their role in price inflation is both substantial and relatively simple to restrict.

Download or read book Home Truths written by Liam Halligan and published by Biteback Publishing. This book was released on 2021-01-13 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: The UK's chronic housing shortage is lowering the quality of life for millions, turning the British dream of home ownership into a cruel nightmare – not least for 'generation rent'. Countless vulnerable families are meanwhile being deprived of access to decent social housing, causing homelessness to spiral. In this searing polemic, Liam Halligan offers radical solutions to the most urgent political issue of our times. Fully updated, with a foreword from former Chancellor Sajid Javid and drawing on extensive interviews with Cabinet ministers, civil servants, leading developers and struggling homebuyers across the country, Home Truths is a no-holds-barred critique of the UK's housing crisis.

Download or read book Whose Housing Crisis written by Gallent, Nick and published by Policy Press. This book was released on 2019-04-24 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the root of the housing crisis is the problematic relationship that individuals and economies share with residential property. Housing’s social purpose, as home, is too often relegated behind its economic function, as asset, able to offer a hedge against weakening pensions or source of investment and equity release for individuals, or guarantee rising public revenues, sustain consumer confidence and provide evidence of ‘growth’ for economies. The refunctioning of housing in the twentieth century is a cause of great social inequality, as housing becomes a place to park and extract wealth and as governments do all they can to keep house prices on an upward track.

Download or read book Raising the Roof How to Solve the United Kingdom s Housing Crisis written by Jacob Rees-Mogg and published by London Publishing Partnership. This book was released on 2019-10-10 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: Raising the Roof addresses one of the key issues of our era – the UK’s housing crisis. Housing costs in the United Kingdom are among the highest on the planet, with London virtually the most expensive major city in the world for renting or buying a home. At the core of this is one of the most centralised planning systems in the democratic world – a system that plainly doesn’t work. A system that has resulted in too few houses, which are too small, which people do not like and which are in the wrong places, a system that stifles movement and breeds Nimbyism. The IEA’s 2018 Richard Koch Breakthrough Prize, with a first prize of £50,000, sought free-market solutions to this complex and divisive problem. Here, Breakthrough Prize judge Jacob Rees-Mogg and IEA Senior Research Analyst Radomir Tylecote critique a complex system of planning and taxation that has signally failed to provide homes, preserve an attractive environment and enhance our cities. They then draw from the winning entries to the Breakthrough Prize, and previous IEA research, to put forward a series of radical and innovative measures – from releasing vast swathes of government-owned land to relaxing the suffocating grip of the green belt. Together with cutting and devolving tax, and reforms to allow cities to both densify and beautify, this would create many more homes and help restore property-owning democracy in the UK.

Download or read book In Defense of Housing written by Peter Marcuse and published by Verso Books. This book was released on 2024-08-27 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: In every major city in the world there is a housing crisis. How did this happen and what can we do about it? Everyone needs and deserves housing. But today our homes are being transformed into commodities, making the inequalities of the city ever more acute. Profit has become more important than social need. The poor are forced to pay more for worse housing. Communities are faced with the violence of displacement and gentrification. And the benefits of decent housing are only available for those who can afford it. In Defense of Housing is the definitive statement on this crisis from leading urban planner Peter Marcuse and sociologist David Madden. They look at the causes and consequences of the housing problem and detail the need for progressive alternatives. The housing crisis cannot be solved by minor policy shifts, they argue. Rather, the housing crisis has deep political and economic roots—and therefore requires a radical response.

Download or read book All That Is Solid written by Danny Dorling and published by Penguin UK. This book was released on 2014-02-19 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Housing was at the heart of the financial collapse, and our economy is now precariously reliant on the housing market. In this groundbreaking new book, Danny Dorling argues that housing is the defining issue of our times. Tracing how we got to our current crisis and how housing has come to reflect class and wealth in Britain, All That Is Solid radically shows that the solution to our problems - rising homelessness, a generation priced out of home ownership - is not, as is widely assumed, building more homes. Inequality, he argues, is what we really need to overcome.

Download or read book How to Build Houses and Save the Countryside written by Shaun Spiers and published by Policy Press. This book was released on 2018-03-14 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: England faces a housing crisis: a growing population requires a substantial investment in new housing, but house-building is a source of great controversy--in large part because it is seen as destroying irreplaceable swaths of countryside. In this provocative book Shaun Spiers offers a middle course, acknowledging both sides of the debate but building a strong case that government can forge a contract with civil society, one that trades the acceptance of the loss of some countryside for the promise of high-quality, affordable housing development in suitable locations.

Download or read book Hot Property written by Rob Nijskens and published by Springer. This book was released on 2019-06-14 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book discusses booming housing markets in cities around the globe, and the resulting challenges for policymakers and central banks. Cities are booming everywhere, leading to a growing demand for urban housing. In many cities this demand is out-pacing supply, which causes house prices to soar and increases the pressure on rental markets. These developments are posing major challenges for policymakers, central banks and other authorities responsible for ensuring financial stability, and economic well-being in general.This volume collects views from high-level policymakers and researchers, providing essential insights into these challenges, their impact on society, the economy and financial stability, and possible policy responses. The respective chapters address issues such as the popularity of cities, the question of a credit-fueled housing bubble, the role of housing supply frictions and potential policy solutions. Given its scope, the book offers a revealing read and valuable guide for everyone involved in practical policymaking for housing markets, mortgage credit and financial stability.

Download or read book How Ten Global Cities Take On Homelessness written by Linda Gibbs and published by Univ of California Press. This book was released on 2021-05-11 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: Creative solutions for global cities addressing their urgent homeless crises. This book takes on perhaps the most formidable issue facing metropolitan areas today: the large numbers of people experiencing homelessness within cities. Four dedicated experts with first-hand experience profile ten cities—Bogota, Mexico City, Los Angeles, Houston, Nashville, New York City, Baltimore, Edmonton, Paris, and Athens—to explore ideas, strategies, successes, and failures. Together they bring an array of government, nonprofit, and academic perspectives to offer a truly global perspective. The authors answer essential questions about the nature and causes of homelessness and analyze how cities have used innovation and local political coordination to address this pervasive problem. Ten Global Cities will be an invaluable resource not only for students of policy and social work but for municipal, regional, and national policymakers; nonprofit service providers; community advocates and activists; and all citizens who want to collaborate for real change. These authors argue that homelessness is not an insurmountable social condition, and their examples show that cities and individuals working in coordination can lead the charge for better outcomes.

Download or read book Housing Market Dynamics in Africa written by El-hadj M. Bah and published by Springer. This book was released on 2018-03-12 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book utilizes new data to thoroughly analyze the main factors currently shaping the African housing market. Some of these factors include the supply and demand for housing finance, land tenure security issues, construction cost conundrum, infrastructure provision, and low-cost housing alternatives. Through detailed analysis, the authors investigate the political economy surrounding the continent’s housing market and the constraints that behind-the-scenes policy makers need to address in their attempts to provide affordable housing for the majority in need. With Africa’s urban population growing rapidly, this study highlights how broad demographic shifts and rapid urbanization are placing enormous pressure on the limited infrastructure in many cities and stretching the economic and social fabric of municipalities to their breaking point. But beyond providing a snapshot of the present conditions of the African housing market, the book offers recommendations and actionable measures for policy makers and other stakeholders on how best to provide affordable housing and alleviate Africa’s housing deficit. This work will be of particular interest to practitioners, non-governmental organizations, private sector actors, students and researchers of economic policy, international development, and urban development.

Download or read book Rethinking the Economics of Land and Housing written by Josh Ryan-Collins and published by Zed Books Ltd.. This book was released on 2017-02-28 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are house prices in many advanced economies rising faster than incomes? Why isn’t land and location taught or seen as important in modern economics? What is the relationship between the financial system and land? In this accessible but provocative guide to the economics of land and housing, the authors reveal how many of the key challenges facing modern economies - including housing crises, financial instability and growing inequalities - are intimately tied to the land economy. Looking at the ways in which discussions of land have been routinely excluded from both housing policy and economic theory, the authors show that in order to tackle these increasingly pressing issues a major rethink by both politicians and economists is required.

Download or read book Raising the Roof written by Jacob Rees-Mogg and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Equality Effect written by Dorling Danny and published by New Internationalist. This book was released on 2018-12-11 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Equality Effect is almost magical. In more equal countries, human beings are generally happier and healthier, there is less crime, more creativity and higher educational attainment. Danny Dorling delivers all evidence that is now so overwhelming that it should be changing politics and society all over the world. For the past four decades, many countries, including the US and the UK, have chosen the path to greater inequality on the assumption that there is no alternative. Yet even under globalization, other nations continue to take a different road. The time will come when The Equality Effect will be as readily accepted as women voting or former colonies gaining independence—and it will come very soon. From one of the world's top social scientists comes a compelling argument for public policy to prioritize equality, fully-evidenced with statistics and sprinkled with black and white illustrations. Most importantly, he demonstrates where greater equality is currently to be found, and how we can set The Equality Effect in motion everywhere. Danny Dorling is a social geographer and the Halford Mackinder Professor of Geography at the University of Oxford. His work concerns issues of housing, health, employment, education and poverty. He has written extensively about the widening gap between rich and poor and his work regularly appears in the media.He is author The No-Nonsense Guide to Equality; The Atlas of the Real World; Unequal Health; Inequality and the 1%, and Injustice: Why social inequalities persist. His views are often sought by policy makers.

Download or read book Against Landlords written by Nick Bano and published by Verso Books. This book was released on 2024-03-26 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Housing means prosperity and security for some; poverty, precarity and sickness for others. More people live in private rented accommodation than ever before, and rents rise without apparent reason. Homes are smaller every year, and nearly 20 per cent of tenants live in hazardous conditions. Homelessness is at a new high. Yet the government's only solution is to promote homeownership. Against Landlords shows that this crisis is not the product of happenstance or political incompetence. Government policy has intentionally split British citizens into homeowners and renters, two classes set on very different financial paths. In the UK, one out of every twenty-one adults is a landlord, and it is this group, and those who aspire to join it, represented by the political class. In his radical new interpretation of the housing crisis, lawyer Nick Bano explains how this environment set the conditions for the Grenfell Tower fire and how it means a life of anxiety for the nation's renters. It is a problem that stretches far beyond London and one inherently racist in nature. Building more housing is not the solution. It is firstly a problem of the law, Bano argues, and reforms must sweep away the landlordism at the heart of the housing crisis and British political life.

Download or read book How to Solve the Housing Crisis written by Chris Rowland Thomas and published by . This book was released on 2017-03-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains a solution to the housing crisis. Overlooked in the past due to misuse but now with proper controls it can produce 450,000 homes each year, cost nothing and produce 50 billion over five years for the Treasury.

Download or read book Whose Housing Crisis written by Gallent, Nick and published by Policy Press. This book was released on 2019-04-24 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the root of the housing crisis is the problematic relationship that individuals and economies share with residential property. Housing’s social purpose, as home, is too often relegated behind its economic function, as asset, able to offer a hedge against weakening pensions or source of investment and equity release for individuals, or guarantee rising public revenues, sustain consumer confidence and provide evidence of ‘growth’ for economies. The refunctioning of housing in the twentieth century is a cause of great social inequality, as housing becomes a place to park and extract wealth and as governments do all they can to keep house prices on an upward track.

Download or read book Solving the Housing Crisis written by J. Morris and published by . This book was released on 1987 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: