Why you can’t afford a home
The average Briton is only ever about two sentences away from discussing house prices. Why? Because the British land market is utterly dysfunctional. When Thatcher resuscitated the idea of a ‘property owning democracy’, not even she could have imagined the scale of inequality that those three words would drive. So, we ask how did we get here and why, in the world’s fifth largest economy, can so few people afford to buy their own home? Ross Ashcroft is joined by the Valuation Specialist at the Bank of England, Dean Buckner, and writer and economist Josh-Ryan Collins.
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