UK house prices are likely to continue to decline for some time. However, planning regulations should not impede the urgent expansion of housing supply
Bracke, P.
(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.
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 | Online resource |
|---|---|
| Copyright holders | © 2011 The Author |
| Departments | LSE > Academic Departments > Economics |
| Date Deposited | 09 Nov 2011 |
| URI | https://researchonline.lse.ac.uk/id/eprint/39373 |
Explore Further
- http://blogs.lse.ac.uk/politicsandpolicy/2011/11/01/housing-boom/ (Publisher)
- http://blogs.lse.ac.uk/politicsandpolicy/ (Official URL)