The housing market: challenges and policy responses
| Publication date: 1 Aug 2018
| Theme: Macroeconomics
| JEL Classification: R21, R28, R31, R38, H72
| Journal: National Institute Economic Review
Issue 245
| Publisher: Sage Publications, London
This article summarises the long-run decline in housing affordability in England and suggests this is substantially attributable to shortfalls in housing supply. Public attitudes to housing have become increasingly pro-development in recent years and the current policy framework – summarised in the article – seeks to provide a comprehensive and rounded response to the challenges facing the housing market.
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