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UK house prices are likely to continue to decline for some time. However, planning regulations should not impede the urgent expansion of housing supply

By Philippe Bracke

Abstract

The recent housing boom was unprecedented in magnitude and duration. According to Philippe Bracke, the current downward trend of prices is likely to continue. Housing cycles are a normal feature of advanced economies, but policymakers should aim at making these cycles less pronounced. This is particularly relevant for the UK, where house price volatility is substantial

Topics: HT Communities. Classes. Races
Publisher: Blog post from London School of Economics & Political Science
Year: 2011
OAI identifier: oai:eprints.lse.ac.uk:39373
Provided by: LSE Research Online

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