Why you can't buy a house | Kristen Ghodsee, Anna Minton, Liam Halligan, Tom Copley
53Liam Halligan, Kristen Ghodsee, Anna Minton, and Tom Copley discuss how we can defeat the housing crisis.
Can we just build more homes, or do we need a more fundamental restructuring?
Watch the full debate, 'Homes and Hierarchy', at https://iai.tv/video/homes-and-hierarchy?utm_source=YouTube&utm_medium=description
Homes provide the fabric of a society, a core stability around which society can function. But for decades a housing crisis has been looming. And some claim it is now upon us. Across the world, the young spend an ever greater proportion of their income on housing. Half of all Europeans have some form of home insecurity, while a billion people worldwide lack access to secure housing, threatening lives and risking civil unrest.
#housing #homeownership #inheritance
Kristen Ghodsee is an award-winning author and firebrand ethnographer. Tom Copley is Sadiq Khan’s right-hand man the Deputy Mayor of London for Housing. Dr Anna Minton is an investigative journalist, policy researcher and author specialising in the London housing crisis. Liam Halligan is an award-winning economist, journalist, broadcaster and author. The host, Mary Ann Sieghart, is an English author, journalist, radio presenter and former assistant editor of The Times.
00:00 Introduction
00:10 Should we end inheritance?
01:50 The US voucher system
03:17 Universal inheritance pros and cons
05:10 Why do we build so few houses?
06:18 The state should use its own land
07:23 New Labour and housing associations
07:48 The housing crisis in London
08:42 Land value and contrived scarcity
09:50 Building council homes
10:30 How to use public land
11:30 How the system perpetuates itself
12:40 Homeownership and social mobility
14:20 Demographic crisis
15:50 Homeownership under communism
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