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The impacts of restricting housing supply on house prices and affordability: final report

By Christian A. L. Hilber and Wouter Vermeulen

Abstract

The research explores the underlying causes of the English housing affordability crisis. The report finds causal evidence that regulatory constraints have had a serious negative long-run impact on housing affordability and have increase house price volatility. The report goes on to propose the alternative solution of providing greater incentives to Local Planning Authorities to better incentivise residential development

Topics: HC Economic History and Conditions
Publisher: Department for Communities and Local Government
Year: 2010
OAI identifier: oai:eprints.lse.ac.uk:31752
Provided by: LSE Research Online
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