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Cities and the Urban Land Premium
After a long period of suburbanisation, cities have been in vogue again since the 1980s. But why are people prepared to spend far more money on a small house in the city than on a large house in the countryside _ and why doesn't this apply to all citi
International Housing Market Experience and Implications for China
Recent rapid housing market expansion in China is presenting new challenges for policy makers, planners, business people, and citizens. Now that housing in middle-income China is driven by consumer choices and is no longer dominated by state policy decisions, housing policy issues in Chinese cities are becoming increasingly similar to those encountered in other global housing markets. With soaring prices and imbalances in housing supply favoring high income groups and housing demand driven by rising inequality in household incomes, many middle and lower-income households face worsening choices in terms of the quality and location of their housing as well as greater financial difficulties, wh...
The End of Aspiration?
Why is it getting harder to secure a job that matches our qualifications, buy a home of our own and achieve financial stability? Underprivileged people have always faced barriers, but people from middle-income families are increasingly more likely to slide down the social scale than climb up. Duncan Exley, former Director of the Equality Trust, draws on expert research and real life experiences – including from an actor, a politician, a billionaire entrepreneur and a surgeon – to issue a wake-up call to break through segregated opportunity. He offers a manifesto to reboot our prospects and benefit all.
