Understanding Affordability

Geoffrey Meen is Professor Emeritus in Applied Economics at the University of Reading and is a member of the UK Collaborative Centre for Housing Evidence.Christine Whitehead is Professor Emeritus in Housing Economics and Deputy Director of LSE London at the London School of Economics.

• Crisis, What Crisis?Is Housing Really Unaffordable?What Factors Determine Changes in House Prices and Rents?Influences on Household Formation and TenureRental AffordabilityWhat Determines the Number of New Homes Built?Housing Demand, Financial Markets and TaxationHousing, Affordability and the MacroeconomyPlanning and the Assessment of Housing Need and DemandRaising the Level of Provate Housing ConstructionSubsidizing the Supply of Rental HousingSubsidizing the Housing Costs of Lower-Income TenantsIncreasing Home OwnershipWhere Do We Go from Here?