Does new housing development always reduce the value of existing properties around that development? In this article, Christine Whitehead and Emma Sagor examine the evidence, finding that house prices do not always decline around new housing developments as many fear, at least not for a sustained period of time. There were sometimes short term price reductions during or immediately after […]
The changes to the welfare cap introduced in the July 2015 budget—which lowers it to £23,000 in London and £20,000 in all other regions—break some of the principles behind the original policy and introduce considerable complexity to the system. In this article, Christine Whitehead and Emma Sagor examine the impact of the changes.
The £26,000 welfare cap for working aged families introduced […]
Areas in London, in particular the borough of Hackney, have undergone rapid gentrification over the last several years, bringing benefits as well as causing displacement and discomfort for lower income residents. In this article, Melissa Butcher examines how young people experience gentrification and how it impacts their daily lives.
The UK housing crisis appears at the forefront of British politics. It is a key indicator of inequality between […]
There is today pretty much universal agreement among politicians that we have a serious housing crisis where the main losers are the young generation and the problem is one of supply. So why aren’t things changing? The reason is a powerful array of deeply embedded vested interests that make meaningful change difficult, explains Christian Hilber.
The UK housing affordability crisis […]
Overall, the manifestos confirm that all parties are unwilling to face up to the political problems they perceive would follow if they advocated solutions that might effectively address the crisis of housing supply. The illness is real but all that is on offer is snake oil; displacement activities treating some symptoms but not the underlying causes and – paradoxically […]
A new report examines impact of the coalition government’s welfare reform on working age social housing tenants. Anne Power summarises the findings, writing that government savings are lower and costs are higher than planned.
In 2013 and 2014, LSE Housing and Communities carried out a survey of 200 social housing tenants across the South West of England to find out whether […]
Asset-based welfare is based on the idea that owning a home can have a welfare-function by acting as a store of wealth and as a reserve of cash. However, as Johnna Montgomerie shows here, the spatial and temporal dynamics of the UK housing market ensure that homeownership does not (and arguably cannot) deliver welfare provision.
Asset-based welfare is a set policies that […]
House prices rose dramatically in 2014, with one estimate putting the average UK rise at 8.5 per cent. Some areas of the country, most notably London, saw prices leap higher than this, causing affordability and bubble concerns. At the same time prices in other parts of the country, particularly in areas where the effects of the economic crisis are still being felt, saw declines over 2014. […]