Why can’t you afford a home?Is the provocative title of new book by a genuine expert Josh Ryan-Collins.
He really does understand that building more houses is not the answer. It is the Land market and the way Banks can create unlimited credit for mortgages that drive up prices, and make housing an ‘investment’ good.
Fine as far as it goes! But does he suggest a remedy?
Yes indeed, not ONE fix, but three of them
Control the Banks
Tax Land Values
Public Ownership of Land
Let’s look more closely at how far Josh’s ideas will Fix the Housing Market (hint: sadly not very)