Housing in the United Kingdom Whose Crisis?
"Another excellent text from Brian Lund, bringing us all up to date on the housing crisis (or should that be crises?) besetting the UK. Brian's grasp of the facts and figures on the housing system is unparalleled. This is a must-read for all those who wan
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HOUSING IN THE UNITED KINGDOM Whose Crisis?
Housing in the United Kingdom
Brian Lund
Housing in the United Kingdom Whose Crisis?
Brian Lund Manchester Metropolitan University Manchester, UK
ISBN 978-3-030-04127-4 ISBN 978-3-030-04128-1 (eBook) https://doi.org/10.1007/978-3-030-04128-1 Library of Congress Control Number: 2019930831 © The Editor(s) (if applicable) and The Author(s) 2019 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover image: © NurPhoto/Getty Images This Palgrave Macmillan imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Preface
Crisis narratives saturate the UK housing literature with ‘generation rent’ usually touted as the major symptom and boosting housing supply the favoured remedy. Yet, this so-called crisis is not problematic for everyone which partially explains why it exists. There have been gains for established owner-occupiers, private landlords, landowners, banks, building companies and the ‘exchange professionals’ operating the system. Indeed, the state has benefited from rising house prices with revenues from Land Duty Stamp Tax increasing from £4.9 billion in 2003/2004 to £11.7 billion in 2016/2017. Moreover, the victims of the deteriorating housing situation are not only the younger ‘jilted generation’. There are different crises detectable through analysis of variables such as class, gender, age, ethnicity and place. This book attempts to explore the nature and scope of these housing crises. Chapter 1 sets out media, academic and political narratives on the current housing problem and outlines its impact according to age, class, gender, ethnicity and location. Chapter 2 explores the ‘slow-burning fuses’—deeply rooted in socio-economic cleavages—that have ignited into the present crises.
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