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Why you can't afford to buy a house and how to fix it | Laurie Macfarlane | TEDxTotnes

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The UK is facing a major housing affordability crisis. A whole generation finds itself priced out of the market. For many homeowners, however, ever increasing house prices has provided a major source of wealth. In this talk Laurie offers a ground-breaking account of how we got here, and how to fix it.Laurie Macfarlane is a Senior Economist at the New Economics Foundation, the UK’s leading think tank promoting social, economic and environmental justice. His research focuses on reforming the economy to align with long term interests of society. He is an Associate Fellow at the Institute for Innovation and Public Purpose at University College London, which focuses on how public policy can be used to direct innovation to tackle societal and technological challenges.He is a regular media commentator on UK economic issues, and is the co-author of the book ‘Rethinking the Economics of Land and Housing’, which was described by the Financial Times as “a lucid exposition of the dysfunctional British housing market”.This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx

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TEDxTalks English United Kingdom Business Cause Change Data Democracy Development Economics Environment Finance Future Government Hardship Hope Ideas Inequality Local issues Policy Politics Protests Public Policy Rebuilding Social Change Social Justice Urban Planning Value Youth
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