There is now a deep crisis in housing supply in many parts of England. In his provocative new book, Duncan Bowie, author of Radical solutions to the housing supply crisis, argues that policy proposals promoted by Government and many commentators are either just tinkering with the problem, or will actually exacerbate the situation.
We have not learnt the lessons of the 2008 credit crunch and in fact we have had a housing deficit whether the country has been in boom or bust.
It is time to throw off long held ideological assumptions as to ideal forms of tenure and the relationship of state to market.
There is a systemic problem which cannot be corrected by short term measures and more radical solutions are necessary if the housing market is to be stabilised and the delivery of new homes increased.
“Housing…is now the central component in inequity between households both within and between geographical areas.”
We need to recognise that if we are to tackle inequity in wealth and opportunities, we need to tackle inequity in housing, which is now the central component in inequity between households both within and between geographical areas. It is also central to the growth in inter-generational inequality.