Why Are Houses Unaffordable in Britain? - The Housing Crisis Explained - TLDR News

The video explains the UK housing crisis, highlighting the disparity between house prices and income. It discusses the political and social implications, such as inequality and generational divides. The crisis is attributed to insufficient housing development, restrictive Greenbelt policies, and a complex planning system. The collapse of social housing further exacerbates the issue. Solutions are suggested, emphasizing the need for increased housing supply and policy reforms.

What is the historical ratio between median house price and median income in the UK?

• Around four

• Around eight

• Around two

• Around six

Why is house price appreciation considered politically toxic?

• It stabilizes the economy

• It reduces inequality

• It benefits younger renters

• It benefits older homeowners

How does unaffordable housing exacerbate inequality?

• By making housing cheaper for everyone

• By restricting homeownership to the wealthy

• By increasing the number of social houses

• By reducing the need for deposits

What is the effect of high house prices on lower-income individuals?

• They pay more relative to their income

• They pay the same as everyone else

• They pay less for housing

• They receive more government support

What is one of the main reasons for the UK's housing crisis?

• Excessive housebuilding

• Lack of housebuilding

• High population growth

• Decreasing land prices

Which countries have seen the steepest increase in house prices due to Greenbelt policies?

• Spain, Italy, UK

• France, Germany, UK

• Canada, Australia, New Zealand, UK

• USA, Canada, UK

What is a significant drawback of the UK's case-by-case planning system?

• It increases housing affordability

• It reduces developer risk

• It restricts housing supply

• It speeds up development

What policy introduced by Thatcher affected social housing stock?

• Help to Buy

• Right to Buy

• Affordable Housing Act

• Housing Development Scheme

How has the number of social housing units changed since the late 1970s?

• Increased significantly

• Remained the same

• Dropped to nearly zero

• Doubled

What is one reason for the increased cost of social housing development?

• Increased government funding

• Higher land prices

• More available land

• Decreased land prices