generation rent – The Property Chronicle
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Time to dispel the Green Belt myths and get Britain building Much of what is designated 'Green Belt' is not very green at all

If the Government ever wants to solve the housing crisis, they need to step up and dispel the Green Belt myth that has become so entrenched within the British psyche. The romanticised notion of a “green and pleasant land” is strangling our cities and preventing the much-needed supply of houses. That’s right. The time has […]

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A proposal to fix welfare and fight intergenerational unfairness Why not give people pension funds at the start of their adult lives?

The Resolution Foundation recently proposed to introduce a “citizen’s inheritance” of £10,000 in order to offset the growing wealth gap between generations. Free-market advocates did not welcome the report with open arms, and for good reason: its authors seem to want to address what is at root a problem of constrained housing supply and low productivity growth with redistribution. Transfers may improve […]

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Millennials need systemic reform, not patronising handouts Giving £10,000 to 25-year-olds would undermine the founding principle of the welfare state

The Intergenerational Commission has published its final report and, according to the findings, young people have a pretty raw deal. Young workers are forced to “shoulder huge risks” bearing the brunt of “insecure work”: their chances of building up a decent pension are slim, and their prospects of owning their own home one day are […]

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Admit it – planning has failed us The average renter has gone from spending one fifth of their income each year on rent to spending over a third

By anyone’s reckoning Britain faces a housing crisis. We simply do not have enough houses in the places that people want to work and live. Why is our planning system so broken? Well, folks, the clue is in the name: planning. We have tested to destruction the idea that “plan-led” economies ever work. We know […]

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It’s not too late to save Generation Rent The most important question on housing is how to radically boost supply in a way that is politically acceptable

The Resolution Foundation’s depressing claim that one-third of millennials face renting their whole life has made headlines today. But the think tank’s report also contained the encouraging — and unsurprising — revelation that countries building plenty of homes have generally not seen huge price rises, despite low interest rates and a big banking sector. Perhaps […]

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