Stoking the fire of London’s housing market

Stoking the fire of London’s housing market

It almost seems as if the Chancellor doesn’t feel that improving house prices is possible. His range of policies set out in the Budget and Spending Review this year all point to him focussing on using public funds to ‘help’ people buy homes rather than improving market conditions. And, unsurprisingly, the problem is most acute … Continue reading

The London Land Levy – a regional land value tax

The London Land Levy – a regional land value tax

After wasting the opportunity to make transformative change after the financial crash, a perfect storm of high house prices, decentralisation and modernisation is presenting another one. It is forcing us to think about what types of institution we want society to have, how we raise funds for them and who should manage them. And this … Continue reading

Speculation on homes or speculation on land?

Speculation on homes or speculation on land?

Since the downturn in 2008, global investors have looked to property as a safe home for their money. Sales of properties valued over £10 million in London, Singapore, Hong Kong and New York doubled between 2009 and 2013. This popularity can be contagious and can spread beyond prime properties – average prices here are some … Continue reading