A substantial essay by James Meek on the housing crisis, entitled Where will we live?, has appeared online today at the London Review of Books. It will appear in the print edition in the New Year. The essay roams widely across the terrain of housing policy. It focuses on past and current policy failures and contradictions, but en route touches on the problematic nature of the housebuilding industry, modernist architecture, underinvestment in social housing, and the land market. It is well worth reading in its entirety.
Meek does an excellent job of laying out why we find ourselves with our current dysfunctional housing market. The premise of the essay is that we need to rewind to the Right to Buy to start to make sense of the mess we’re in. Whether by grand design or simply through a series of unfortunate incremental steps, subsequent policy has compounded problems that have their roots in Thatcher’s most populist policy. [Read more...]