The impacts of restricting housing supply on house prices and affordability: final report
Hilber, C. A. L.
& Vermeulen, W.
(2010).
The impacts of restricting housing supply on house prices and affordability: final report.
Department for Communities and Local Government.
& Vermeulen, W.
(2010).
The impacts of restricting housing supply on house prices and affordability: final report.
Department for Communities and Local Government.
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.