It’s time to call the housing crisis what it really is: the largest transfer of wealth in living memory

This article was originally published at openDemocracy.  One of the basic claims of capitalism is that people are rewarded in line with their effort and productivity. Another is that the economy is not a zero sum game. The beauty of a capitalist economy, we are told, is that people who work hard can get rich … Continue reading It’s time to call the housing crisis what it really is: the largest transfer of wealth in living memory

To solve the housing crisis, we need to fix our broken land economy

This article was originally published at openDemocracy.  The UK, along with many other advanced economies, is facing a major housing affordability crisis. Average house prices are now on average nearly eight times that of incomes across England and Wales, and up to 39 times in parts of central London. A whole generation finds itself priced out of … Continue reading To solve the housing crisis, we need to fix our broken land economy