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Garys Economics
Gary Stevenson
85 episodes
1 week ago
Gary Stevenson – inequality economist, former trader and author of The Trading Game – explains how real world economics work.
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Business
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Gary Stevenson – inequality economist, former trader and author of The Trading Game – explains how real world economics work.
Show more...
Business
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How do we fix the housing crisis?
Garys Economics
28 minutes 7 seconds
4 months ago
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:

01:26 Why every city in the world has a housing crisis04:00 Understand that housing is an asset like shares, bonds, commodities07:40 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 prices16:33 Should we just build more housing?18:33 Inequality is reshaping our cities and creating slums21:27 Why we can't get growth24:13 The problem is inequality25:09 Cutting red tape and Grenfell Tower26:06 The rich always decide – we need to reduce their wealth


Garys Economics
Gary Stevenson – inequality economist, former trader and author of The Trading Game – explains how real world economics work.