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City A.M.:
The UK housing market needs Help to Supply - not Help to Buy

21 May 2014

THE UK housing market needs Help to Supply, not Help to Buy. The government's housing scheme has helped first-time buyers get a leg-up onto the property ladder, but that privilege has come at a price - with house prices higher than otherwise, as the subsidy became capitalised in prices. Paul Cheshire, emeritus professor at the LSE, has shown how building on greenbelt would only have to be very modest in order to provide more than enough land for housing for generations to come.

This article was published in City A.M. on May 21, 2014
Link to article here

Related publications
Turning houses into gold: the failure of British planning, Paul Cheshire. Article in CentrePiece Volume 19, Issue 1, Spring 2014
Turning houses into gold: the failure of British planning, Paul Cheshire. LSE British Politics and Policy blog, posted May 7, 2014.

Related links
Paul Cheshire webpage
Spatial Economics Research Centre (SERC) webpage

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