The Conservatives caused the housing market crisis | Economics | New Statesman
The UK housing market is “frankly terrifying”, says Duncan Weldon - and it's the Tories' fault. Subscribe: https://www.youtube.com/channel/UC2DHAQOeEg-Z-4trARDXHRA?sub_confirmation=1 Read Duncan Weldon's article, "Britain's big squeeze" here: https://www.newstatesman.com/economy/2022/11/britains-big-squeeze Economist Duncan Weldon and New Statesman business editor Will Dunn explore why the UK housing market is in crisis, with consequences for both homeowners and renters. Will Dunn says the Conservatives have “taken almost every opportunity they've had to inflate the housing market" which “has created a crisis of affordability” that is squeezing homeowners and would-be-buyers across the UK. An end to the era of low interest rates in the UK was always going to be “very painful for the British economy,” says Weldon. He argues that this pain was brought forward due to the economic decisions of the Conservative Party under Liz Truss - and will continue under Rishi Sunak. -- The New Statesman brings you unrivalled analysis of of the latest UK and international politics. On our YouTube channel you’ll find insight on the top news and global current affairs stories, as well as insightful interviews with politicians, advisers and leading political thinkers, to help you understand the political and economic forces shaping the world. With regular contributions from our writers including Political Editor Andrew Marr and Anoosh Chakelian - host of the New Statesman podcast - we’ll help you understand the world of politics and global affairs from Westminster to Washington and beyond. Subscribe on YouTube: https://www.youtube.com/channel/UC2DHAQOeEg-Z-4trARDXHRA?sub_confirmation=1 Sign up to Morning Call, the daily UK politics newsletter from the New Statesman: https://www.newstatesman.com/politics/morning-call/2021/06/subscribe-to-morning-call Subscribe to the New Statesman from just £1 per week: https://www.newstatesman.com/podcastoffer
The UK housing market is “frankly terrifying”, says Duncan Weldon - and it's the Tories' fault. Subscribe: https://www.youtube.com/channel/UC2DHAQOeEg-Z-4trARDXHRA?sub_confirmation=1 Read Duncan Weldon's article, "Britain's big squeeze" here: https://www.newstatesman.com/economy/2022/11/britains-big-squeeze Economist Duncan Weldon and New Statesman business editor Will Dunn explore why the UK housing market is in crisis, with consequences for both homeowners and renters. Will Dunn says the Conservatives have “taken almost every opportunity they've had to inflate the housing market" which “has created a crisis of affordability” that is squeezing homeowners and would-be-buyers across the UK. An end to the era of low interest rates in the UK was always going to be “very painful for the British economy,” says Weldon. He argues that this pain was brought forward due to the economic decisions of the Conservative Party under Liz Truss - and will continue under Rishi Sunak. -- The New Statesman brings you unrivalled analysis of of the latest UK and international politics. On our YouTube channel you’ll find insight on the top news and global current affairs stories, as well as insightful interviews with politicians, advisers and leading political thinkers, to help you understand the political and economic forces shaping the world. With regular contributions from our writers including Political Editor Andrew Marr and Anoosh Chakelian - host of the New Statesman podcast - we’ll help you understand the world of politics and global affairs from Westminster to Washington and beyond. Subscribe on YouTube: https://www.youtube.com/channel/UC2DHAQOeEg-Z-4trARDXHRA?sub_confirmation=1 Sign up to Morning Call, the daily UK politics newsletter from the New Statesman: https://www.newstatesman.com/politics/morning-call/2021/06/subscribe-to-morning-call Subscribe to the New Statesman from just £1 per week: https://www.newstatesman.com/podcastoffer