Housing and Planning
All hail the Mayor of San Diego! Earlier this week, Californian lawmaker Kevin Faulconer outlined an ambitious overhaul of the city’s planning system. He tweeted: “Government can’t build its way out of the housing crisis. We need to get government out of the way – so constructing homes becomes easier, less expensive and faster.” Faulconer and ... Continue reading
Housing and Planning
The housing crisis is Britain’s most urgent economic and social problem. This is not exactly news, but until serious steps are being undertaken to address it, it cannot be said often enough. In this sense, Shelter’s new report “A vision for social housing. The final report of Shelter’s commission on the future of social housing” ... Continue reading
Housing and Planning
On November 22, the Highgate Literary and Scientific Institution (HLSI) held a debate on the motion “This house believes that tackling the housing crisis cannot be left to the market”. The IEA’s Head of Political Economy, Dr Kristian Niemietz, spoke on the opposing side. The article below is a based on his opening remarks. The ... Continue reading
Housing and Planning
The recent outrage surrounding Roger Scruton represents the latest instalment in the never-dormant culture wars. Scruton’s appointment as the government’s new ‘housing Tsar’ has succeeded in animating the world of Political Twitter and its strange inhabitants. Once again, Left and Right, conservative and liberal, are doing battle over yet another - largely symbolic - government ... Continue reading
Housing and Planning
Living on our planet is more enjoyable than it used to be in almost all respects. We live longer, we are healthier, we learn more, and we enjoy greater comfort. The one exception is what we see. From the Stone Age to St Mark’s Square, human beings spent millennia learning to make more beautiful things. ... Continue reading
Housing and Planning
For decades, we have failed to build the homes we need, leading to home ownership slipping out of reach for more and more people. And while the housing crisis stems from numerous policy failures, the main culprit is the planning system. I’ve been fortunate to live in some of the most beautiful parts of the ... Continue reading
Healthcare

Kate Andrews appears on Question Time

Kate Andrews, Associate Director at the Institute of Economic Affairs, has appeared on BBC Question Time alongside Giles Watling MP, Shappi Khorsandi, Andy McDonald MP and Anne McElvoy. On the tax cuts benefiting higher income households: Kate said that while it is true that better-off households will certainly benefit, these were not the millionaires and billionaires ... Continue reading
Housing and Planning

Ben Clements' Breakthrough Prize winning solution to housing referenced by City A.M.

The Breakthrough Prize has been referenced by Christian May in his Editor's Notes on City A.M. Congratulations to City analyst Ben Clements, winner of this year’s Richard Koch Breakthrough Prize – which is run by the Institute of Economic Affairs to find free-market solutions to the housing crisis. Clements proposed a Land Purchase Act to ... Continue reading
Housing and Planning
Our housing market is – undeniably – broken. The affordability ratio (house prices to earnings) has climbed across the country, particularly so in London and the South East. UK housing is now the third most expensive in the world, and among the most volatile. Not only does this harm productivity and GDP due to misallocation ... Continue reading

The Solution to Housing by Breakthrough Prizewinner 2018 Ben Clements

The winning submission for the IEA Breakthrough Prize has featured on CapX. The report, written by city analyst Ben Clements, assess how the housing crisis can be tackled by a free market solution. The 'Land Purchase Act' is a policy in which the government would enter into a contract with the occupier who would take ... Continue reading