[...] I hope to expose the lie that the housing crisis is a market question of supply and demand. Governments of all stripes have argued that we simply need to loosen plannning restructions and build more homes for sale. It may seem logial enough to argue that if we increase housing supply then prices will come down and there will be more homes to go around, but the UK housing market doesn't function like a pure market: it is linked to global capital flows, not local circumstances. These global flows are distorting the market and ensuring supply is being skewed towards investors.
[...] I hope to expose the lie that the housing crisis is a market question of supply and demand. Governments of all stripes have argued that we simply need to loosen plannning restructions and build more homes for sale. It may seem logial enough to argue that if we increase housing supply then prices will come down and there will be more homes to go around, but the UK housing market doesn't function like a pure market: it is linked to global capital flows, not local circumstances. These global flows are distorting the market and ensuring supply is being skewed towards investors.