Housing is too expensive. Prices and rents have risen beyond what any reasonable person would think of as a fair amount to spend on one of the most basic of human needs. The way for them to get more affordable is for the costs to stop rising, so that wage rises have time to catch up.
We need to be building at least 300,000 homes a year in areas of high demand. Every year we don’t do this is a year we dig ourselves deeper into our crisis. We need to reform planning and invest billions in building social housing.
The reality is that while house prices remain artificially high and social housing is in short supply, many people will be spending their lifetime renting from private landlords. We need to reform private renting to make lives better priced out of buying a home.
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The views in this article are the views of the author only, and don’t necessarily reflect the views of Priced Out as a whole. Developers’ Affordable Housing contributions can be provided in three ways; they Read more…
Densifying our inefficient suburbs has long been the holy grail for YIMBYs. For years, advocates have been arguing that the best places to build more homes are those where people want to live. This is Read more…
Edward Donovan read economics at the University of Cambridge, graduating in 2022 with a 2:1. Since then, he has worked as an acquisitions analyst at Greycoat Real Estate, a private equity firm. Edward has focussed Read more…