At Generation Rent, we've listened to lots of experts who have analysed the housing crisis and have come to a conclusion. The principle problem is that you can't just buy or rent a home, you have to pay for an investment too. Some people say the problem is supply - and that's true - but the supply problem exists because of the inability to supply homes that people need without charging them a high price because of a potential future investment return.
And so we've been looking at how you can decouple the investment value of a home for an investor from its utility value to the person living there. And we came up with this. Britain needs a second housing market. A bubble-free housing market for people who only want a home, sitting neatly alongside a free market for those people who want an investment.
And it turns out this could be implemented cheaply and easily and that it will save taxpayers money. We've made a short presentation here and written a paper, Buying out of the bubble.
So we're calling for a secondary, bubble-free housing market - and we need your support to get politicians to adopt it and implement it. Join Generation Rent today (it's free) and help us campaign for real, effective solutions to the housing crisis.
Cheers,
Alex
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Got a question? Email us [email protected]
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Reach the team:
Bismah Naqui – 07498926134
Dan Wilson Craw – 07753 369555
Generation Rent is the operating name of the National Private Tenants Organisation Limited. | We are a Company Limited By Guarantee, registration number 08731888. | Generation Rent, c/o Read Milburn, 71 Howard Street, North Shields, NE30 1AF
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Generation Rent can’t offer advice about individual problems. Here are a few organisations that can:
You might also find quick but informal help on ACORN’s Facebook forum, and there are more suggestions on The Renters Guide.