Raising the Roof: How to Solve the United Kingdom's Housing Crisis
Raising the Roof addresses one of the key topic of our era- the UK 's housing crisis. Housing costs in the United Kingdom are among the highest on the lanet, with London virtually the most expensive major city in the world for renting or buying a home. At the core of this is one of he most centralised planning systems in the democratic world- a system that plainly does n't work. A system that has occurre in too few houses, which are too small, which people do not like and which are in the wrong places, a system that stifles movement and breeds Nimbyism. The IEA 's 2018 Richard Koch Breakthrough Prize, with the first prize of �50,000, sought free-market solutions to this complex and divisive problem. Here, Breakthrough Prize judge Jacob Rees-Mogg and IEA Senior Research Analyst Radomir Tylecote critique a complex system of planning and taxation that has signally failed to provide homes, preserve an attractive environment and enhance our cities. They then draw from the winning entries to the Breakthrough Prize, and previous IEA research, to put forward a series of radical and innovative measures- from releasing vast swathes of government-owned land to relaxing the suffocating grip of the green belt. Together with cutting and devolving tax, and reforms to allow cities to both densify and beautify, this could create many more homes and help restore property-owning democracy in the UK.
Published December 10th 2019 by Institute of Economic Affairs