So often when we hear discussions about the housing crises that are hitting cities around the globe, we hear about the mismatch between supply and demand. We’re told not enough houses are being built, which leads to the right-wing talking points around restricting immigration until the crisis is “under control.”
Even the Financial Times
has given the book a positive write-up
, echoing Ryan-Collins’ argument that
the ‘housing crisis’ needs to be understood primarily as a product of the banking system, not a function of construction volumes - it represents a market failure, not a supply/demand imbalance.
“Why Can’t You Afford a Home?” is definitely going on my reading list.