Fixing Our Broken Housing Market White Paper Introduction Our Housing Market is Broken The housing market in this country is broken, and the cause is very simple: for too long, we haven’t built enough homes. Since the 1970s, there have been on average 160,000 new homes each year in England.[1] The consensus is that we […]
Continue Reading Introduction Our Housing Market is Broken – Fixing Our Broken Housing Market White Paper
Here is an idea: how about the bankers, speculators and BTLers are forced to retreat from the housing market, pushing prices down and, alas, making housing more affordable.
The notion that demand outstrips supply is a myth promoted by the establishment and reiterated in the white paper to justify high prices.
The reality is that there are thousands of flats ready to move in – even in London.
The problem is that they are too expensive.
So there is no supply problem.
The problem is that the supply is not at an affordable price.
How To Make Housing More Affordable