Housing: creative solutions

  It’s time for an informed debate on rent controls.  The laissez-faire, competitive market approach in the privately rented sector has demonstrably failed - as average private rents in Britain have climbed to record highs, renters are suffering and excessively high rents create a drain on the economy. Property website Rightmove has said that in May this year, the typical advertised rent outside London reached a record £1,316 a calendar month. In London it was £2,652 a month – almost three times the £894 asked for in north-east England. Rightmove said the average advertised rent outside London in May was an inflation-busting 7% higher than a year earlier. This leads those in the property industry with a vested interest to argue for an increase in supply. But it’s economically illiterate to believe that simply adding more privately rented housing will bring rents down. We need to look seriously at rent controls. Rent control policies vary widely across European countries, with ...

  Queues for first council housing in 30 years in Minehead. Courtesy BBC 19th June 2024 There's no doubt that it’s the impact of austerity measures implemented by the Conservative Government since 2010 that have disproportionately affected the most vulnerable, exacerbating inequality and poverty. Key areas impacted include public services, welfare benefits, and job security. Austerity has led to increased reliance on food banks, higher levels of debt, and greater mental health issues. And since the First World War the wealth gap has never been so wide. Policy changes are desperately needed to prioritise social protection and equitable economic recovery.

  Soaring renewable energy installations masked a harsh truth in 2023: the clean energy transition is faltering. Fossil fuel use continues to climb, with China shouldering most of the renewables burden. China's secret? State-owned companies prioritise national goals over profit, driving massive clean energy projects. The West, reliant on profit-driven private enterprise, struggles. Renewable energy offers modest returns, a stark contrast to traditional energy sources. Intense competition further squeezes profits. Subsidies keep the West's renewables afloat, but don't guarantee strong profits. As the Earth heats inexorably, Governments face a stark choice: accept the failure of the free market for clean energy, or embrace climate catastrophe

  Don’t believe the hype. Artificial intelligence is neither artificial nor intelligent. While advancements are exciting, a popular form of AI called machine learning is not the key to super intelligence that many claim. Machine learning is like a super pattern recognizer, analysing massive amounts of data to make predictions or complete tasks. It's great for specific things, like writing code or finding rhymes, but it doesn't capture how humans think. The human brain works in a completely different league. We can grasp complex ideas with way less information and come up with explanations, not just describe what's happening. Imagine a child learning grammar - they pick up the rules without needing mountains of data. Machine learning programs can't do this, they're stuck on a more basic way of understanding the world. This limited understanding restricts what machine learning programs can achieve. They can describe situations and even predict what might happen next, ...

  3 days after the 2024 General Election was called, the Digital Protection and Digital Information Bill failed to proceed before the Parliamentary session ended. This article is left online as a reference point for the future. As the world continues to grapple with the revelations of unscrupulous tax evasion by global billionaires, the UK Government is gearing up to pursue the most vulnerable in society to recover overpaid benefits. In late 2023, the EU Tax Observatory estimated that a modest 2% levy on the world’s 2,756 wealthiest billionaires could generate a staggering £250bn annually . These billionaires collectively hold an estimated wealth of $13tn. The report poignantly highlighted the lack of serious efforts to address this issue, warning that the current situation could potentially undermine the public’s faith in existing tax systems. However, rather than tackling this glaring inequality, the UK government is instead focusing its efforts on the less privileged. It is see...

  Progress has been a simple equation: economic growth measured by GDP. The endless upward climb promised solutions to everything from poverty to pollution. But the reality hasn't lived up to the promise. It's time to redefine progress before the changing climate becomes irreversible. The Allure of Growth Growth is appealing. We see it in thriving gardens and children reaching their full potential. No wonder we embraced it as the economic ideal, adopting the "more is better" mantra. Yet, nature teaches us that endless growth is unsustainable. Everything eventually reaches maturity, focusing on health and well-being rather than constant expansion. As Janine Benyus, a pioneer in biomimicry , reminds us, trees prioritise distributing resources to their entire being, stopping growth once that function is compromised. The Growth Addiction Cheap fossil fuels in the 20th century fueled rapid growth, which became ingrained in our economic systems. This has led to policies – ...

Everyone deserves a safe and secure place to call home. Yet in England today, a growing number of people struggle to access this basic need. While hundreds of thousands of properties sit empty, the housing crisis deepens. A Growing Problem, a Missed Opportunity But there's a glimmer of hope. Studies show that repurposing empty properties could create up to 40,000 affordable homes within four years. It wouldn't solve everything, but it would offer a lifeline to countless individuals on the brink of homelessness. This is a wasted opportunity. No one should face homelessness when solutions exist. Families with children are crammed into single rooms, forced to prepare for work in drafty cars, or uprooted from jobs and support networks due to a lack of affordable options. The government's inaction on empty properties is unacceptable. Long-term empty homes, vacant for over six months, have skyrocketed to over 248,000 – a 24% increase in just six years. This coincides with recor...

October 2023 and the City of London sees the removal of the cap on bankers' bonuses - a few will now start to receive their Brexit Bonus. Yet this post-EU policy shift stands in stark contrast to the continued squeeze on low-income families through the Benefits Cap. While both measures involve limitations on income, they paint a worrying picture of a widening economic chasm. Proponents of the Bonus Cap lift cheer the return of London's financial clout. They argue that rainmakers deserve their golden parachutes, attracting talent and boosting the sector's competitiveness. But critics warn of a return to the casino culture that fuelled the 2008 financial crisis. Unfettered bonuses, they fear, could incentivise reckless risk-taking, leaving taxpayers on the hook for the next meltdown. Meanwhile, those on the breadline face a different kind of squeeze. The Benefits Cap, in place for a decade and applied to just under half a million households, has had a devastating effect . ...

Following the debate about how many houses are needed in the UK, industry-expert Peter Brown directs our attention to a topic this argument could be overshadowing. The debate around how many new homes are  needed  misjudges the big issue – a new Labour government will struggle to increase housing completions for sale and for rent. Public services are failing, satisfaction rates are at record lows and waiting lists are soaring. Focusing on hospitals, schools and the courts,  the IPPR  claimed that public services won’t return to acceptable levels of quality until the 2030s and that the post-election government will inherit one of the most challenging contexts of any government since the Second World War. In October, at the Labour Party conference Keir Starmer’s pledged 1.5 million homes over the next parliament and conference was  told  that a Labour government will “deliver the biggest boost in affordable and social housing for a generation”. Yet despite a ...

Khan is right - Tory voter ID plans gag the poorest. But it’s not just in London. Here's what we can do about it ' On New Years’ Eve, Sadiq Kahn warned that a new wave of hard right populism could see Susan Hall in London’s City Hall. And the new requirement for voter identification at the ballot box might accelerate this trend. He’s right, but it’s not just London that is affected.  The voter identification requirements deliberately make it more difficult for those who traditionally support Labour, to vote.  After the 2019 General Election, IPSOS estimated how voters voted. Their results came as no surprise, Labour had a 43 point lead among voters aged 18-24, but the biggest change was among 35-54 year olds, who saw a three point rise in the Conservatives’ vote share and 11 point fall for Labour. There was a gender gap, with the Conservatives ahead of Labour by 15 points among men, and by nine points among women. Among BME voters, Labour led the Conservatives by 64% to 20%...