Bracke, Philippe (2011) UK house prices are likely to continue to decline for some time. However, planning regulations should not impede the urgent expansion of housing supply. British Politics and Policy at LSE (01 Nov 2011) Blog Entry.
Download (78Kb) | Preview
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.
|Item Type:||Website (Blog Entry)|
|Additional Information:||© 2011 The Author|
|Library of Congress subject classification:||H Social Sciences > HT Communities. Classes. Races|
|Sets:||Departments > Economics
Collections > British Politics and Policy at LSE
Actions (login required)
|Record administration - authorised staff only|