Commentary: UK Housing Market: Problems and Policies

Abstract

There is mounting evidence that we are failing to deliver decent housing, especially for the younger generation. First, more and more houses are being bought for investment purposes which raises the cost of housing. Second, older generations appear to be ‘under occupying’ and even hoarding houses while younger generations are struggling to move into homes. Third, the number of new homes continues to fall below the number of new families. Fourth, the re-reclassification of housing associations may leave this essential source of housing for lower income families less able to access long-term stable funding.