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Abstract:

cover
CentrePiece article
The UK's housing crises
Henry Overman
December 2012
Paper No' CEPCP382:
Full Paper (pdf)

CentrePiece 17 (3) Winter 2012

The UK is facing not one but two housing crises. The first is a short-term fall in prices and construction whcih is both driven by and driving the recession. The second and more profound is the overall shortage of housing and the problems of affordability that this generates.