Published: 20th Mar 2014

Since the economic crisis, there is one market which remains disproportionately volatile: housing. Providing safe and adequate shelter is a priority for Britain’s leaders and citizens. Yet it feels as if the market sits on a precipice between soaring prices and complete collapse. Recent figures show UK house prices have risen for 14 consecutive months, with the average home costing £177,846 in February 2014 – the highest since April 2008, when the global financial crisis intensified. The current solutions to the crisis are inadequate. Housebuilding is at its lowest rate since the 1920s. New developments are often opposed and the planning systems are rigged to protect those who already own property. Subsidies and government programmes are often ineffective or create even greater risks. The buy-to-let boom created a swathe of private landlords, but now means many people are being priced out of the market. The most recent Help to Buy … (To read the full article, subscribe below)