New Economics Podcast

Can we bring down house prices without crashing the economy?

03.19.2018 - By New Economics FoundationPlay

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It’s one of the biggest contradictions in British politics. Across the country, baby boomers who own a house cheer as the value of their property rises. Meanwhile their millennial children watch on in horror, as owning their own home increasingly falls out of their reach.

Politicians talk about building more homes but very few of them talk about directly reducing house prices. If house prices are too high for people to be able to buy houses, how can we bring them down? And can we do it without upsetting homeowners and crashing the economy?

Ayeisha Thomas-Smith is joined by Joe Beswick, who leads on housing for the New Economics Foundation, and housing campaigner Beth Stratford, a PhD researcher at the University of Leeds.

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Produced by James Shield and Huw Jordan.

The award-winning Weekly Economics Podcast is brought to you by the New Economics Foundation – the UK's only people powered think tank. Find out more at www.neweconomics.org

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