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The United Kingdom’s housing costs are among the highest on earth, and London is virtually the most expensive major city in the world for renting or buying a home. People often avoid moving to work in productive sectors because nearby housing is too expensive. The proportion of Britons who...
Persistent link: https://www.econbiz.de/10013225240
New development solves housing problems for some workers by creating new jobs that pay sustaining wages. At the same time, it creates additional demand for affordable housing because some of the workers who will be employed will not earn enough money to afford market-rate rental housing. In...
Persistent link: https://www.econbiz.de/10012993403
The privatisation policy pursued in the UK by Mrs Thatcher's government (1979-1990) and subsequently by Mr Major's government (1990-1997) was the largest experiment in public divestitures among capitalist economies. It had a deep impact on economic policy-making world wide, and was vastly...
Persistent link: https://www.econbiz.de/10011324982
In recent years, images of United States police wearing helmets and masks, carrying military-style weapons, and riding in armored or even mine-resistant armored vehicles have become increasingly prevalent with media depictions of responses to civil disorder and a purported nationwide trend of...
Persistent link: https://www.econbiz.de/10012955208
This paper looks at the UK's privatisation experiment, which began from the late 1970s. It considers the background to the UK's privatisations, which industries were privatised and how, and summarises the results of studies of performance changes in privatised companies in the UK. It looks at...
Persistent link: https://www.econbiz.de/10013319484
The privatisation policy pursued in the UK by Mrs Thatcher's government (1979-1990) and subsequently by Mr Major's government (1990-1997) was the largest experiment in public divestitures among capitalist economies. It had a deep impact on economic policy-making world wide, and was vastly...
Persistent link: https://www.econbiz.de/10011606658
The provision of housing for the less well off has been dominated by the state for over sixty years. Despite some moves to increase choice for tenants in the 1980s, policy in the UK has been characterised by a desire to control the suppliers of housing, without ever giving tenants true autonomy...
Persistent link: https://www.econbiz.de/10014056894
The privatisation policy pursued in the UK by Mrs Thatcher's government (1979-1990) and subsequently by Mr Major's government (1990-1997) was the largest experiment in public divestitures among capitalist economies. It had a deep impact on economic policy-making world wide, and was vastly...
Persistent link: https://www.econbiz.de/10014075046
Extending the controversial findings from the relevant literature, the results from the quarterly transaction-based Nationwide indices from 1974 to 2009 provide further empirical evidence on the rejection of the weak-form version of efficiency in the U.K. housing market. In addition to...
Persistent link: https://www.econbiz.de/10010300511
Housing is the single most important component of personal wealth in most countries. The special characteristics of housing markets are therefore key to understanding personal portfolios, saving, the household distribution of wealth, and the monetary transmission mechanism. This paper discusses...
Persistent link: https://www.econbiz.de/10010284569