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Thursday, 13 February 2020

Do we need another book on the housing market?
A BIG-NAME AUTHOR of Irish origin who writes for the Telegraph.
Liam Halligan really ‘gets it’!
HOME TRUTHS:
The UK’s chronic housing shortage— how it happened, why it matters and how to solve it
(19 Nov 2019) London: Biteback Pub   £20 or less hb

As a journalist Liam writes well in an easy readable style. He position has enabled him to grill important insiders — government ministers, captains of industry, bankers, civil servants, and many more. For his recent Channel 4 documentary ‘Britain’s Newbuild Scandal’ (July 2019) programme he’s even got out on-(building)-site and talked to both builders and home-buyers. His academic credentials are excellent as well (Warwick, Oxford, IMF, LSE).

So this is a great book on the crisis of the housing market. It goes beyond the usual ‘poin-and-sigh’ — listing all the deep problems and their dire effect on homebuyers. 

He digs deeper to explain the underlying reasons WHY the housing market is in such a dreadful state. 

And best of all, is the raft of policy suggestions aimed at fixing the market, fixing the policy mistakes of the past, and really getting a grip on our dysfunctional housing supply.

[This is Part 1 of a two part posting. Here I review the book, picking up especially his good bits, where he really understands what’s going on. In Part 2 I’ll dig a bit deeper, to see where Liam could have been clearer, explained more, come up with better solutions]

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