At the root of the housing crisis is the problematic relationship that individuals and economies share with residential property. Housing’s social purpose – as home – is too often relegated behind its economic function – as asset, able to offer a hedge against weakening pensions or source of investment and equity release for individuals, or guarantee rising public revenues, consumer confidence and evidence of ‘growth’ for economies. The refunctioning of housing in the 20th century is a source of great social inequity as housing becomes a place to park wealth and as governments do all they can to keep house prices on an upward track. In this short presentation I will unpack the above arguments and provide a sketch of a project that, in the coming months, will hopefully gestate into a book on the critical tensions in the UK housing market and the present crisis of house prices accelerating beyond the reach of ordinary buyers and renters.
About the Speaker:
Prof. Nick Gallent is professor of housing and planning at UCL and has been, for the last seven years, head of the Bartlett School of Planning. His research is concerned mainly with planning for housing and with rural communities’ engagement with planning and development processes. He is the author or editor of numerous books on these subjects. The most recent include Politics, Planning and Housing Supply (2016, with Nicole Gurran and Rebecca Chiu), New Money in Rural Areas (2018, with Iqbal Hamiduddin, Meri Juntti, Nicola Livingstone and Phoebe Stirling) and the Routledge Companion to Rural Planning (2019, edited with Mark Scott and Menelaos Gkartzios).
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