The financialisation of UK homes : the housing crisis, land and the banks
The financialisation of UK homes : the housing crisis, land and the banks
- New Economics Foundation, 2015.
- 6 pages
KEYWORDS: Financialisation, housing crisis, speculative investment
UK average house prices are nine times incomes across England and Wales, and up to 20 times incomes in London and the South East. Why? In seven steps we explain the role of banks, supported by government policies - and point to some ways to cool the crisis.
Investment & Financialisaton--International--United Kingdom
KEYWORDS: Financialisation, housing crisis, speculative investment
UK average house prices are nine times incomes across England and Wales, and up to 20 times incomes in London and the South East. Why? In seven steps we explain the role of banks, supported by government policies - and point to some ways to cool the crisis.
Investment & Financialisaton--International--United Kingdom