The UK housing market is in crisis. House-prices are spiralling out of control, rents are rising faster than wages, and there is a serious shortage of new affordable homes. But what caused this crisis and what can we do about it?
In this book, established housing policy experts Rowland Atkinson and Keith Jacobs expose the true economic forces behind Britain’s housing crisis. Urging readers to see the crisis as a result of the ‘property machine’; a financial system made up of banks and investors, developers, landlords, and real estate agencies that prioritises the interests of capital over social need. An unequal system that has been routinely protected by the policy decisions of successive governments.
To overcome this troubling system and alleviate the crisis, the authors outline a series of innovative proposals that would improve housing conditions and tackle the inequalities expressed in relation to personal housing wealth. Allowing for the establishment of a fairer, more equal society, and a more stable economic future.
ABOUT THE SERIES: The ‘What Do We Know and What Should We Do About...?′ series offers readers short, up-to-date overviews of key issues often misrepresented, simplified or misunderstood in modern society and the media. Each book is written by a leading social scientist with an established reputation in the relevant subject area. The Series Editor is Professor Chris Grey, Royal Holloway, University of London
