Tag: House prices

Housing pathology and paralysis

A few weeks ago Janan Ganesh in the FT described the UK housing market as an ‘institutionalised pathology’. The problems that the housing market is causing for the British economic and political system seemingly become ever more apparent by the day. There is an increasingly strong coalition of […]

Bubble-talk

Warning about an impending housing bubble or denying that any signs of a bubble can be detected are popular media pastimes in the UK. Bubbles are bad. Bubbles shut people out of the housing market because property is unaffordable. Bubbles store up trouble for those who buy at […]

A voyage of rediscovery

Today’s papers bring us further news of the sickness that afflicts our housing market. On the front page of the Telegraph is a piece focusing on St Vince of Cable’s warning that the housing market is exhibiting all the signs of overheating and that Mark Carney is considering […]

Bittersweet sympathy

Much of the media reporting of today’s IPPR briefing note on the economic recovery focused on the alarm it sounds about the rapid increase in household debt – in particular the risk that Help to Buy II will further increase house prices. The economy may give the appearance […]

Help to Buy and the death of Keynesianism

When I first studied macroeconomics the Stagflation era of the 1970s and the death of Keynesianism were still being quite hotly debated. They were still contemporary events. Well, they were contemporary events in the way that the election of Tony Blair is a contemporary event for us today […]

Britain’s property problem

[Originally posted at LSE British Politics and Policy blog, 14/08/13] This week has brought a slew of news about the UK housing market. Industry commentators are telling us the sector has “turned a corner”: levels of market activity increased significantly in July alongside a sharp upturn in prices. […]

Top blogging on housing policy

A bunch of statistics about the housing market have been published over the last few days. Housing issues have been hitting the headlines in the mainstream media harder than is usually the case.  A number of the key pressure groups have made the point forceful that current developments […]