Somewhere to call home - do you rent, own, or live with your parents? The choices are diminishing for the under 30s, and older people who own their houses are suddenly facing a massive uptick in mortgage rates. The UK has a housing crisis and it’s going to test whether a property-owning democracy is still the best model to follow. Is it a question of using tax and regulation to push house-builders and to straighten out the rental sector? Or something more fundamental? Mark Stephens, Professor of Land, Property and Urban Studies at Glasgow University, tells Phil and Roger this is a real crisis and needs real and urgent solutions.
This episode is supported by Wigmore Associates, who provide portfolio management services on both a discretionary and advisory basis, together with pension, tax planning and inheritance tax advice to Individuals, Trusts, Pension Schemes, Family Offices, and Charities.
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