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作者

来源

URBAN STUDIES,Vol.54,Issue10,P.2204-2216

语言

英文

关键字

credit; financialisation; housing crisis; housing-demand; housing-supply; AFFORDABILITY; UK

作者单位

[Gallent, Nick; Durrant, Dan; May, Neil] UCL, London, England. Durrant, D (reprint author), UCL, Bartlett Sch Planning, Cent House,14 Upper Woburn Pl, London WC1H 0NN, England. E-Mail: daniel.durrant@ucl.ac.uk

摘要

This commentary examines the current emphasis on supply-side solutions to the housing crisis in England - building more homes to increase accessibility - against a backdrop of intensifying demand-side pressures, the financialisation of housing, and the impact of credit liberalisation and money creation on housing demand and prices. It reflects on the need to balance additional housing supply, where needed, with gradual demand management' responses that at last acknowledge the centrality of spatially unbounded investment demand and the flow of money created by deregulated banks into housing as fundamental to the current crisis of housing affordability and access.