Share Sounds. from IEA show related to Property & Mortgages - Buying Abroad

Today we’re by John Myers, co-founder of London YIMBY, which stands for Yes In My Back Yard. The group campaigns for more homes in London and the rest of the UK. Interviewed by IEA News Editor Kate Andrews, John talks through the main obstacles that stand in the way of building more homes, and how the current system makes it near impossible for quantity and quality in the housing sector to go hand-in-hand. John explains how the severe imbalance between supply and demand for housing in the UK, means that desperation to become a homeowner takes precedent, and often the aesthetics of property go out the window. John talks us through some solutions to the housing crisis, including allowing homeowners to have more control over planning permissions on their own street. Finally, the pair discuss the perverse incentives in politics around the housing crisis, and what decisions could be made in Westminster to help more young people secure cheaper mortgages and cheaper rent.