housing crisis – 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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You don’t need to own a home to benefit from capitalism Even after the 1930s housing boom, just one in three Britons owned their own home

For some Conservatives, home ownership is a precondition for support for capitalism. But is that really the case? After all, you don’t need to own a farm or a factory to enjoy the benefits of their products. You can do very well in a fairly-organised modern economy with nothing more than human capital or a […]

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Want to help young people, Theresa? Abolish Stamp Duty Stamp Duty hurts young buyers, renters and older people who want to downsize

So, you want to heal the generational divide? Thinktankers and policymakers have been out in force over the past few weeks throwing ideas around about how to shift some of the burden from the shoulders of my generation – the student loan generation, generation rent, “those entitled millennials”. The vast majority of those ideas are, […]

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Obsessing over empty homes is no way to solve the housing crisis The UK actually has far fewer empty homes than Germany or France

Using the long arm of the law to force-fill empty homes is getting very vogueish. From the far left to the Tory back benches everyone seems to be getting on board with the idea. The Government is legislating to permit greater tax surcharges on empty homes. The Resolution Foundation is arguing for more active steps […]

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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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Britain’s housing crisis just isn’t that complicated Homes cost more than they need to. Why not do something about it?

How can we end the housing crisis? Would a better planning system ensure more well-designed homes with local support where they are most wanted, over time making homes more affordable than they would otherwise be? Of course it would. When it comes to whether or not something should be done about Britain’s planning system, that […]

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Let the market fix the Tories’ housing problem Getting housing right is an existential matter for the Conservatives

Miniature toy house on plain white background

During the 2015 General Election, Ed Miliband’s flagship pledge to cap energy prices was derided by conservatives as a deranged idea from the 1970s. The then-PM David Cameron accused “Red Ed” of “wanting to live in a Marxist universe”. Yet within two years, the idea had found its way into the Conservative election manifesto, along with […]

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What Tokyo can – and can’t – teach us about the housing crisis With 100,000 new dwellings a year, Tokyo’s housing stock has kept pace with its population

A house roof with two dormer windows and the sun shining between them

Be more like Japan. That is the takeaway from a Bloomberg column by the always-interesting Noah Smith. His is the latest article to look at Tokyo’s approach to housing for answers to the spiralling cost of homes in comparable Western cities. On the surface, the lessons are straightforward, with Tokyo serving as a heartening reminder that […]

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The government is ignoring popular, easy fixes to the housing crisis The only way to fix the housing crisis is to make house building popular with local people

Blurred photograph of crowds walking through London

Horrified passengers suddenly realize their boat has a leak. They frantically start to paddle it with their hands towards a distant shore. The engine and sail sit ignored and unused. Meanwhile, someone at the stern refuses to raise the anchor. Theresa May’s announcement of new housing policies today has something of that feel. No-one can […]

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