Yesterday I took part in a panel discussion on the housing market as part of the Festival of Economics 2014. The panel was chaired by Julia Unwin of JRF; it comprised Kate Barker, Michael Ball, Diane Coyle and me. It was an enjoyable event, with plenty of questions […]
Yesterday I was back up in that London to attend an event exploring UK housing policy. Many, of not most, of the luminaries of UK housing research made the same journey. The event covered quite a lot of ground, but at the same time the agenda was relatively […]
Occasionally I divert myself from tweeting and blogging long enough to write something a bit more academic, usually about housing. I have a paper in the current issue of the journal Housing, Theory and Society. It looks at Uncertainty, expectations and behavioural aspects of housing market choices. The […]
It does not take great insight to realise the UK housing market is in a mess. Recently we’ve witnessed significant nominal house price declines and consequent negative equity, a massive contraction in the supply of credit, a private sector construction collapse, and social house building as a victim […]
Housing is a complex commodity. Economists think about the demand for housing as having both a consumption and an investment component. Trying to integrate the two components is a challenge. But is this approach sufficient? Economists differ in their views on the success of conventional approaches to understanding […]
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