• How is tax damaging the housing market?

  • Dec 18 2024
  • Length: 38 mins
  • Podcast

How is tax damaging the housing market?

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  • Summary

  • The UK’s housing market has long been a source of frustration for renters and homeowners alike, with issues of affordability and availability topping the agenda. The new government has identified housing market failures as a major barrier to economic growth—but what role does the tax system play in these challenges?


    In this episode, we’ll dig into how taxes impact the housing market, from the cost of buying and renting to the incentives—or disincentives—they create for landlords, developers, and homeowners. We’ll explore everything from capital gains tax to stamp duty surcharges and council tax policies. Are these tax measures helping or hindering progress? And if reform is needed, where should policymakers begin?


    To help answer those questions, Paul is joined by Stuart Adam, Senior Economist at IFS and Tim Leunig, economist at the London School of Economics and former Economic Advisor to Sajid Javid and Rishi Sunak.


    Become a member: https://ifs.org.uk/individual-membership


    Find out more: https://ifs.org.uk/podcasts-explainers-and-calculators/podcasts


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