How do we fix the housing crisis?
Garys Economics20 Heinä 2025

How do we fix the housing crisis?

Why are house prices in the UK so high? Here's how we can make housing affordable for ordinary people again.


What I discuss in this episode:


(00:00) Intro

(01:26) Why every city in the world has a housing crisis

(04:00) Understand that housing is an asset like shares, bonds, commodities

(07:40) Economists miss why assets are going up11:55 How rich people push up asset prices (and house prices)

(14:15) Wages do not control house prices

(16:33) Should we just build more housing?

(18:33) Inequality is reshaping our cities and creating slums

(21:27) Why we can't get growth

(24:13) The problem is inequality

(25:09) Cutting red tape and Grenfell Tower

(26:06) The rich always decide – we need to reduce their wealth


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