Why Are House Prices So High? (Press Release)
In
the ten years up to the start of the financial crisis, house prices
rose by over 200%. Why? A common belief is that there are too many
people, too much immigration, and too few houses to go around.
Our new 2 minute video addresses the root causes of the housing crisis. It explains that house prices aren’t high because there’s “too many people and too few houses”. And it answers the crucial question: Why are house prices really so high?
You can find more details on this here:
http://www.positivemoney.org.
and
http://www.positivemoney.org.uk/consequences/house-prices/in-depth/
Our aim is to raise awareness and start conversations about the causes of the housing crisis and get us thinking more critically and creatively about the solutions.
Positive Money is a not-for-profit research and campaign group. They work to raise awareness of the connections between our current monetary and banking system and the serious social, economic and ecological problems that face the UK and the world today. In particular they focus on the role of banks in creating the nation’s money supply through the accounting process they use when they make loans – an aspect of banking which is poorly understood. Positive Money believe these fundamental flaws are at the root of – or a major contributor to – problems of poverty, excessive debt, growing inequality and environmental degradation. For more information, please visit: http://www.positivemoney.org.uk/
Our new 2 minute video addresses the root causes of the housing crisis. It explains that house prices aren’t high because there’s “too many people and too few houses”. And it answers the crucial question: Why are house prices really so high?
(click to enlarge)
You can find more details on this here:
http://www.positivemoney.org.
and
http://www.positivemoney.org.uk/consequences/house-prices/in-depth/
Our aim is to raise awareness and start conversations about the causes of the housing crisis and get us thinking more critically and creatively about the solutions.
Positive Money is a not-for-profit research and campaign group. They work to raise awareness of the connections between our current monetary and banking system and the serious social, economic and ecological problems that face the UK and the world today. In particular they focus on the role of banks in creating the nation’s money supply through the accounting process they use when they make loans – an aspect of banking which is poorly understood. Positive Money believe these fundamental flaws are at the root of – or a major contributor to – problems of poverty, excessive debt, growing inequality and environmental degradation. For more information, please visit: http://www.positivemoney.org.uk/
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.
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