1. The causes and effects of the UK’s housing crisis
Brixton Green housing crisis debate, March 2017
Laura Gardiner, Resolution Foundation

2. THREE CAUSES…

3. 1. A supply problem: We have consistently failed to build enough (of the right kind of) homes

4. 2. A demand problem: The growth of mortgage-lending – and low capital returns on other assets – made houses an investment product

5. 3. A productivity problem: Productivity – and therefore pay – have not kept up with rising housing costs

6. …THREE EFFECTS

7. 1. A current living standards problem: Housing costs take up a growing share of household incomes – particularly in London

8. 2. A future living standards problem: Many in younger generations risk never acquiring assets that provide security in later life

9. 3. A fiscal problem: Dealing with the effects rather than the causes means spending ever more public money subsidising rents

10. The causes and effects of the UK’s housing crisis
Brixton Green housing crisis debate, March 2017
Laura Gardiner, Resolution Foundation