Why Can't You Afford a Home?

A generation is being priced out of the housing market due to a paradox at the heart of modern capitalism. Josh Ryan-Collins' book explores this crisis and proposes radical reforms to break the cycle.

Format: Paperback / softback
Length: 140 pages
Publication date: 12 October 2018
Publisher: Polity Press

The housing market crisis is impacting a whole generation in the Western world, particularly millennials. The fundamental aspiration of securing decent and affordable accommodation remains a distant dream for many. Understanding this crisis requires delving into a paradox at the core of modern capitalism. The interplay between private home ownership and a lightly regulated commercial banking system creates a feedback cycle. Unrestricted credit and money flow into a finite supply of property, resulting in soaring house prices, declining home ownership rates, escalating inequality, mounting debt, stagnant economic growth, and financial instability. Urgent and radical reforms are imperative to break this cycle.

This captivating and timely book is a must-read for anyone seeking insights into the reasons behind their inability to afford a home and potential solutions. By examining the underlying dynamics and proposing transformative measures, it offers valuable perspectives on addressing this pressing issue and fostering a more equitable and sustainable housing landscape.

Weight: 170g
Dimension: 188 x 130 x 13 (mm)
ISBN-13: 9781509523269