An Historian Should Know This

But then this isn’t history, this is propaganda:

We have had housing crises before and through much of the last century state-directed action was taken to address them. The problem was never comprehensively solved, but homes were built and lives transformed. Between 1921 and 1922, 110,000 new houses were built in the UK. These were some of the homes “fit for heroes” that had been promised by prime minister David Lloyd George at the end of the First World War.

See More

NEF’s Idiot Plans To Solve The Housing Problem

There’s a reason why New Economics Foundation stands for Not Economics Frankly. That reason on display here with the plan for reforming the housing market.

New figures released on Wednesday confirmed what we already knew: homeownership is becoming increasingly out of reach for young people. A survey by Santander found 70% of 18- to 34-year-olds now believe that homeownership is over for their generation. Our housing system has been allowed to degenerate to such an extent that secure and affordable housing is increasingly unavailable to working-class people, and in many places middle-class people too.

See More

Young Peoples’ Dreams Of A Home Of Their Own

Apparently the young of today simply aren’t ever going to gain a home of their own.

Young Britons believe dream of owning home is over, survey says

It’s not going to work out that way. Not in the slightest.

One of Britain’s biggest mortgage lenders has found that 70% of young people now believe that the homeownership dream is over for their generation.

Just not how the world works. As Alex Tabarrok has been known to point out.…

See More

Sadiq Khan Wants The Power To Bomb London

Sadiq Khan is indeed different from certain of his coreligionists, he doesn’t want to subject London to actual and real bang-bang bombing. He just wants to have as close as possible the same effect upon the housing of The Great Wen.

Sadiq Khan calls for new powers to impose London rent controls


As standard economic theory states, as near all economists agree:

I include a table of propositions to which most economists subscribe, based on various polls of the profession.

See More

Because Disabled Access Costs Money

Another in our series of Guardian Headlines We Can Answer:

Why aren’t new homes fully accessible for older and disabled people?
David Brindle

It costs money to provide such disabled access. Further, resources are by definition scarce. We thus need to direct out ability to do things where that employment of the scarce resources adds the most value, produces the greatest benefit.

Note that this isn’t about profits, or capitalism, or markets. It’s just a simple statement of fact.…

See More

Astonishing Surprise! Poor People Are Poor!

Isn’t this just a turn up for the books. When the intrepid researchers went to interview the poor people who turned up at food banks they found out that they were poor. Colour us all entirely surprised, eh? Specifically, people who desired free food had high housing costs compared to their incomes. Well, yes, and? And, well, actually, this is what is regarded as cutting edge research from the modern university. Perhaps that expansion of them wasn’t all that wise an idea?

See More

Solving Alex Oxlade-Chamberlain’s Housing Woes – Abolish The Green Belt

It would appear that vastly rich young men like Alex Oxlade-Chamberlain are having problems in finding suitable housing. They’re in and around Manchester, Liverpool, there are at least four Premiership football clubs up there, there’re a lot of people on tens of thousands of pounds a week. And yet they’re not likely to stay up around there for more than a few years, thus buying doesn’t interest all that much.

They also want to rent, umm, well, not perhaps houses always in the very best taste.…

See More

Can’t People Learn? Nationalise The Housing In Berlin?

An interesting little example of how short human memory can be. Anyone going to Berlin in 1989 and looking east from the Brandenburg Gate would have muttered something about perhaps government ownership of everything being not quite the very bestest of ideas. As someone who then lived in Russian housing of the time I would concur.

So, what are they shouting about now?

Support is growing for a referendum on whether to ban large landlords from the German capital and turn their property into social housing stock When Berliners take to the streets on Saturday to protest against rising rents, 77-year-old Barbara von Boroviczeny will be right at the front.

See More

Weirdly, HUD Is Charging Facebook Over Racial Discrimination In Housing Ads

The Housing And Urban Development – HUD – department of the US Federal Government is suing Facebook over racist and racial discrimination in housing advertisements. They’re not, of course, stating that Zuckerberg places ads saying No Darkies Here, No Irish. Rather, they’re making the claim that because advertisers have access to a lot of information about the profiles of those they will show ads to, can select along those lines, then the Facebook advertising system allows such racial discrimination in violation of the law.…

See More

Dear Owen Jones – If Council Housing Isn’t For Poor People Then Why Do We Taxpayers Subsidise It?

Owen Jones tells us that more MPs should live in council housing. This is incorrect for the obvious reason that we taxpayers out here shouldn’t be subsidising the housing arrangements of someone on four times the average wage plus perks – and they’re substantial perks too. Young Owen will try to claim that council or association housing doesn’t cost us anything but that is to ignore opportunity costs. And that’s an important point, for if you cannot get to grips with opportunity costs you’re never going to be able to say anything interesting about economics.…

See More