The government needs to implement a root-and-branch
overhaul of the way housing is taxed and regulated to address the ‘crisis’
facing young people as they struggle to buy or rent property, a new book
proposes. In addition to greatly increasing the supply of social housing,
ministers should introduce a capital gains tax on the sale of all homes, carry
out long-overdue reforms to council tax so that owners of large houses pay
more, and regulate the rental sector much more actively. These are central
arguments of ‘The Crisis for Young People: Generational Inequalities in
Education, Work, Housing and Welfare’, a new book by professor Andy Green of
UCL Institute of Education (IOE). Read more on 24housing.
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