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Raising the Roof: How to Solve the United Kingdom's Housing Crisis
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Raising the Roof: How to Solve the United Kingdom's Housing Crisis
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Product Details
ISBN-13: | 9780255367837 |
---|---|
Publisher: | London Publishing Partnership |
Publication date: | 10/10/2019 |
Sold by: | Barnes & Noble |
Format: | eBook |
Pages: | 160 |
File size: | 1 MB |
About the Author
Dr Radomir Tylecote is Research Fellow at the Institute of Economic Affairs. He has an MPhil from Cambridge University, and a PhD from Imperial College London Business School. Among other IEA publications he is the co-author of Plan A+: Creating a Prosperous Post-Brexit UK and Freedom to Flourish: UK Regulatory Autonomy, Recognition, and a Productive Economy. He is regularly published in the Daily Telegraph, CityAM, and elsewhere.
Stephen Ashmead is currently a strategy and insight researcher for LiveWest, a housing association in southwest England. He has previously worked as a project coordinator in a small charity in Manchester working with Irish Travellers. He has a first-class honours degree in French Studies (University of London Institute in Paris) and a master’s degree in Near and Middle Eastern Studies from the School of Oriental and African Studies. As well as the UK, he has lived in Paris, Spain and the Palestinian Territories.
Calvin Chan is a graduate student in philosophy at Balliol College, Oxford. He received a bachelor’s degree in the same subject from the University of Sydney and a master’s degree from Brandeis University. Over the summer of 2018, he was an intern at the IEA.
Ben Clements works as an analyst for an intelligence firm in London and is responsible for helping clients to understand the business, political and security risks to their operations across the Asia-Pacific region. He graduated from the University of Manchester in 2016 with a degree in Chinese and Japanese. Ben was also a finalist in the Richard Koch Breakthrough Prize in 2017 and the IEA’s Brexit Prize competition in 2014.
Luke McWatters recently graduated from Camden School for Girls’ Sixth Form with A-Levels in economics, history and maths. He is currently on a gap year completing his singing diploma and gaining economics-related work experience. He recently interned at Now-Casting, an econometrics firm, to further understand the technical side of economics. He will be reading Economics at university next year.
Daniel Pycock is a senior researcher to a Conservative MP in Parliament. Before that, he was a tax accountant in oil and gas and financial services for three years. Daniel was previously a finalist in the IEA’s Brexit Prize competition in 2014. He graduated with an MA in history from the University of St Andrews and has a Graduate Diploma in economics from Birkbeck College, University of London.
Thomas Schaffner is a Philosophy, Politics and Economics student at University College, Oxford, where he is the treasurer of his college’s student committee. Out of term time, he works for the college’s fundraising team as an Undergraduate Development Assistant. Growing up in Stroud, Gloucestershire, Tom was part of his local youth council.
Charles Shaw is Data Manager at Ocean Media Group. He has a BSc in financial economics from Birkbeck, University of London, and is currently studying for a master’s degree in financial risk management. Charles writes regularly on economics, finance and statistics.
Gintas Vilkelis is a technology entrepreneur. After working in physics for over twenty years, his current focus is on medical technology. He is the founder of a start-up that will bring faster and more accurate diagnostics to patients. Growing up in Soviet-occupied Lithuania made Gintas passionate about making sure that Marxism doesn’t gain a firm foothold in the West.
William Watts is reading Philosophy, Politics and Economics at Jesus College, Oxford. In 2018, he graduated from City of London School and undertook a gap year in which he worked as a private tutor and on a research project investigating digital transformation across a range of industries in the Chinese economy.
Table of Contents
The Richard Koch Breakthrough Prize ix
About the authors xi
Figures xv
Part 1 Raising the Roof 1
1 Raising the roof Jacob Rees-Mogg Radomir Tylecote 3
Summary 3
Introduction 6
Causes: how we tied the Gordian Knot 9
Solutions 25
The beauty of freedom 41
Appendix: Outline of the current planning system 43
References 46
Part 2 The Essays 51
2 The Land Purchase Act Ben Clements 53
Summary 53
Introduction 54
The problem stated 55
Free markets thwarted 56
The Land Purchase Act 58
How it works 60
Economic benefits 61
Towards free-market housing 62
References 64
3 Presumed permission: a self-build framework for local development rights Stephen Ashmead 65
Summary 65
Introduction 66
Why do we have a housing crisis? 69
Reinvigorating self-build through community-designed Local Development Rights 70
A new role for the local planner 74
The wider-reaching benefits of a presumed permission self-build framework 75
References 77
4 Simplified Planning Zones and the realignment of fiscal incentives Daniel Pycock Charles Shaw 79
Summary 79
The current state of the housing market 80
How the planning system works 83
Other problems with the housing market 85
Suggested policy response 88
References 92
5 Planning to the people: how a system of transferable development rights could replace the green belt Thomas Schaffner 96
Summary 96
What is the housing crisis? 97
The green belt 98
Framing the dilemma 98
A market-based solution: 'transferable development rights' 100
A replacement for the green belt? 102
Potential criticisms 104
Conclusion 105
References 106
6 Taking on established interests: a new approach to land to solve the housing shortage William Watts Luke McWatters 107
Summary 107
The problem of UK land use 108
Re-evaluation of green belt designated land 109
Reforming the system of planning 111
The removal of agricultural subsidies 113
Political considerations 114
Conclusion 116
References 117
7 The Localism 2.0 reform Gintas Vilkelis 119
Summary 119
The problem 119
The policy vision 122
Increasing the number of houses built and the proportion of property owners 125
Why reform would be possible 126
8 A supply-side answer to the housing crisis: false impressions and true solutions Calvin Chan 128
Summary 128
Introduction 129
The causes of the current crisis 130
The wrong kind of solution 131
The right kind of solution 132
Conclusion 135
References 135
A note on the longlist 137
About the IEA 140