{"id":132506,"date":"2022-12-08T00:53:28","date_gmt":"2022-12-07T17:53:28","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-cant-build-our-way-out-of-the-growing-housing-crisis-letters\/"},"modified":"2022-12-08T01:00:55","modified_gmt":"2022-12-07T18:00:55","slug":"we-cant-build-our-way-out-of-the-growing-housing-crisis-letters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-cant-build-our-way-out-of-the-growing-housing-crisis-letters\/","title":{"rendered":"We can\u2019t build our way out of the growing housing crisis | Letters"},"content":{"rendered":"


\nJohn Worrall, Philip Kerridge and John Rigby on the problems that continue to plague Britain\u2019s housing market One implication of your editorial on housing (1 December) is that greater supply would make housing more affordable. That would mean developers increasing supply to the point where they\u2019d have to drop prices, and then keep building as prices continued to fall. They won\u2019t do it.Average prices have gone from 3.6 times average earnings to nine times over the last 25 years \u2013 through cheap borrowing, inherited property wealth snowballing on a rising market and, latterly, George Osborne\u2019s help-to-buy scheme, which saddled buyers with more debt than the banks thought they could afford. Continue reading…
\n
\nSource : theguardian.com
\nRead more…We can\u2019t build our way out of the growing housing crisis | Letters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

John Worrall, Philip Kerridge and John Rigby on the problems that continue to plague Britain\u2019s...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-132506","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-ytc","jetpack-related-posts":[{"id":69192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/finding-solutions-to-the-uks-housing-crisis-letters\/","url_meta":{"origin":132506,"position":0},"title":"Finding solutions to the UK\u2019s housing crisis | Letters","date":"October 17, 2017","format":false,"excerpt":"\r Readers respond to Britain\u2019s chronic shortage of affordable housing with solutions of their ownLarry Elliott suggests five steps to fix the housing market (Britain\u2019s broken housing market \u2013 and how to fix it, 9\u00a0October) which include Kate Barker\u2019s idea of \u201cacquiring\u201d large sites abutting urban areas at a modest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78121,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-building-more-homes-will-not-solve-britains-housing-crisis-ann-pettifor\/","url_meta":{"origin":132506,"position":1},"title":"Why building more homes will not\u00a0solve Britain\u2019s housing crisis | Ann Pettifor","date":"January 27, 2018","format":false,"excerpt":"\r The problem of inflated prices lies in property speculation. That\u2019s what we need to clamp down onEveryone \u2013 from the government, to housing charities, to housebuilders \u2013 has bought into the conventional wisdom that the dysfunction that racks our housing market is a matter of demand and supply. We\u2019re\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21622,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-ownership-in-england-at-lowest-level-in-30-years-as-housing-crisis-grows\/","url_meta":{"origin":132506,"position":2},"title":"Home ownership in England at lowest level in 30 years as housing crisis grows","date":"August 2, 2016","format":false,"excerpt":"\r Calls for government to build more homes as growing gap between earnings and house prices sees ownership fall across the country and people forced to rentHome ownership in England has fallen to its lowest level in 30 years as the growing gap between earnings and property prices has created\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-inventory-crisis-all-demand-and-no-supply\/","url_meta":{"origin":132506,"position":3},"title":"Housing inventory crisis: All demand and no supply","date":"April 20, 2017","format":false,"excerpt":"\r Nela Richardson, Redfin chief economist, weighs in on the housing inventory crisis and the impact it may have on housing prices.\r \r Source : cnbc.com\r Read more...Housing inventory crisis: All demand and no supply","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40818,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-radical-model-fighting-the-housing-crisis-property-prices-based-on-income\/","url_meta":{"origin":132506,"position":4},"title":"The radical model fighting the housing crisis: property prices based on income","date":"January 16, 2017","format":false,"excerpt":"\r Community land trusts battle gentrification by linking house prices to local wages rather than the market rate. But can this growing movement for \u2018permanently affordable\u2019 homes really ease Britain\u2019s housing crisis?A forbidding clock tower rises above the arched windows of a former Victorian workhouse in east London\u2019s Mile End,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96800,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-housing-crisis-will-not-be-solved-by-curbing-speculation-alone-anne-perkins\/","url_meta":{"origin":132506,"position":5},"title":"The housing crisis will not be solved by curbing speculation alone | Anne Perkins","date":"August 28, 2018","format":false,"excerpt":"\r The IPPR\u2019s call to freeze land prices is right \u2013 but it will take more than a tweak of land supply mechanics to fix the messThe increase in the value of land that has, or just might get, consent for housing verges on the incredible. This is not any\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/132506"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=132506"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/132506\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=132506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=132506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=132506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}