Housing

Houses should be homes, not financial assets.

No matter where we live or what we do for a living, we all want a place to call home. But for decades, the UK housing market has turned our homes into assets - vehicles for generating and hoarding wealth - leaving safe and comfortable homes out of reach for millions, especially young people, racialised communities, and those on low incomes.

Banks and landlords have been sucking up more and more of people’s money through rent and mortgage payments, while waiting lists for social housing, and rates of homelessness and temporary accommodation, stand at record highs.

We need to tackle the root causes of the housing crisis and expand our focus beyond building, by increasing the volume of social homes, using our existing house stock more efficiently, and investing in a mass retrofitting programme, to help bring down energy bills whilst paying heed to our carbon budget.

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Positive Money is an international research and campaign organisation working to redesign our economic system for social justice and a liveable planet.

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[John-cro]

You don't have a clue. You'll only make houses more affordable by decreasing demand or increasing supply.