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Tag: income inequality

Instead of drop-kicking the planners, shouldn’t we really half-nelson the rich?

Instead of drop-kicking the planners, shouldn’t we really half-nelson the rich?

The blame game over who’s responsible for England’s housing crisis and silver-bullet “here’s-the-answer” approaches to solving it is growing into a national sport. Various interest groups, professions, political parties, social classes, business groups and their mouthpieces come under fire. Meanwhile, each fires back their silver bullet, with a crowd of suitably-armed commentators joining in. With this kind of entertainment the lobby to encourage ITV to re-run World of Sport wrestling must be flagging. With that sad image in mind, I…

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Is income inequality screwing up the housing market? I’m curious

Is income inequality screwing up the housing market? I’m curious

For the past few years three questions have bugged me persistently. How could rising income inequality over the past thirty years not have affected the housing market? If it has had significant effects, what are they and how have these come about? Why is so little political and, it seems, academic attention paid to how income inequality might cause dysfunction within the housing market? This is in contrast to the more significant attention paid to how a dysfunctional housing system…

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