A planning crisis

geograph-4895165-by-David-P-Howard

Partly due to its success in attracting jobs and talent, demand for housing in London has outstripped supply and now home ownership is unaffordable for many households. In a well-functioning market, increases in house prices should incentivise large scale housing development. But this simply has not happened. So what is constraining housing development in the […]

How should London tackle its housing shortage?

The unrelenting climb in property prices and lack of affordability in the market has led to consensus amongst the public and policy makers that the UK is in the midst of a housing crisis. Average house price to median income ratio is a common measure of affordability in the property market and shows that rises […]