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Research out today by @bankofengland
confirms @ianmulheirn’s analysis that high house prices are in fact the result of low interest rates - not insufficient house building. Housing scarcity's role in raising prices has been ‘negligible’.
Full analysis ➡️bit.ly/2Z9oy12
confirms @ianmulheirn’s analysis that high house prices are in fact the result of low interest rates - not insufficient house building. Housing scarcity's role in raising prices has been ‘negligible’.
Full analysis ➡️bit.ly/2Z9oy12
So, the government’s plan to build 300,000 houses per year won’t solve the problem. It's time for a policy rethink.
Watch as @ianmulheirn builds a new approach to the UK's housing crisis👇
Watch as @ianmulheirn builds a new approach to the UK's housing crisis👇
The paper we published last month recommends that, to raise home ownership, the govt must either:
🏠 Subsidise first time buyers;
🏠 Direct more lending their way;
🏠 Or, reduce financial incentives for landlords bit.ly/2Z9oy12
🏠 Subsidise first time buyers;
🏠 Direct more lending their way;
🏠 Or, reduce financial incentives for landlords bit.ly/2Z9oy12
And to tackle unaffordability of private rented housing, the Govt needs to:
✅ Reverse cuts to housing benefit;
✅ Build more social housing;
✅ And, get wages growing again.
Read all the recommendations & summary of @ianmulheirn's analysis ⬇️ bit.ly/2Z9oy12
✅ Reverse cuts to housing benefit;
✅ Build more social housing;
✅ And, get wages growing again.
Read all the recommendations & summary of @ianmulheirn's analysis ⬇️ bit.ly/2Z9oy12
