Almost every major economy in the world today has a housing crisis, driven by the inflating value of land. In truth, although we call it a 'housing crisis' it might be better thought of as an 'everything' crisis, in that our dysfunctional relationship with land and property – and the broken incentives it creates – sit at the root of almost every so... See more

Underbuilding since the financial crisis has led to a supply/demand imbalance