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Dear @BBCRadio4, I'm disappointed that your half hour analysis of housing crisis #TheBriefingRoom failed to EVEN MENTION 3 of the most significant drivers of house price rises: financial deregulation, the Buy To Let frenzy & the flaws of our speculative house building model 1/13
Worse, Andrew Whittaker went completely unchallenged when he asserted that main reason homes don’t get built is planning authorities don't allocate enough land for housing. FAR more significant barrier is our dysfunctional land market & ’speculative’ model of house building 2/13
…which gives landowners the power to hold out for eye watering windfall gains, and incentivises developers to limit supply as way maintain prices and profit margins. (Next time maybe you could interview @tobylloyd or @danielbentley on this? See e.g. civitas.org.uk/content/files/…) 3/13
