Writing in 24dash Ian Fletcher, Director of Policy at the British Property Federation, backs the proposals made in our report Freeing Housing Associations for allowing Housing Associations to buy out of their government grant and start providing homes for market sale. Fletcher argues that housing associations that wish to build homes for market sale should be allowed to, and that obstructing such moves is unconstructive in terms of solving the housing crisis.
Coverage in The Guardian refers to Policy Exchange research which found that limiting child benefit payments to four children per household, with progressively reduced payments after the first child, could save £1 billion over the course of the next parliament. The article highlights how numerous Policy Exchange recommendations have featured in past Conservative manifestos.
The Times refers to Policy Exchange research which found that limiting child benefit payments to four children per household, with progressively reduced payments after the first child, could save £1 billion over the course of the next parliament.
Chris Walker, Policy Exchange's Head of Housing & Planning, is quoted in The Times responding to findings from the OECD that taxes on properties made up 11.9% of UK taxes in 2012 - the highest rate in the developed world. Chris highlights property taxes have completely failed to dampen demand for new housing, and that the only solution is to build more homes.
The Telegraph quotes Chris Walker, Policy Exchange's Head of Housing & Planning, arguing that property taxes have failed to keep demand for new housing down. Chris argues that the only solution to housing demand is to build new homes, increasing the rate to 300,000 new homes a year.
The Telegraph covers Policy Exchange's new Swift and Certain report. The report calls for prolific criminals who breach the their community sentences to be sent to jail for up to a week under a proposed new regime which would speed up justice and ensure that offenders would be certain of the consequences of their actions.
The Financial Times covers Policy Exchange's Swift and Certain report. The report shows how emulating Hawaii's successful HOPE probation programme could lead to dramatically fewer community order breaches.
Chris Walker, Policy Exchange's Head of Housing & Planning, welcomes the reforms to Stamp Duty announced by George Osborne in today's Autumn Statement, but warns that the next stage of the homes revolution must focus on getting more houses built.
Steve Hughes, Policy Exchange's Head of Economic and Social Policy, appears on Channel 4 News to discuss why the recovery has yielded lower tax receipts than hoped. Steve argues that, although unemployment has fallen faster than expected, people are going into lower paid jobs. This, coupled with changes to the tax system, means that they are contributing less tax money.
Following news that plans for a new garden city in Bicester will be included in the Autumn Statement, ConservativeHome names Policy Exchange as having encouraged the idea. We have consistently called for the creation of more garden cities, with our 2011 report Cities for Growth first making the case for garden cities as a way to both improve the UK’s housing supply and boost economic growth. Earlier this year, the Wolfson Economics Prize, managed by Policy Exchange, sought innovative ideas on how to build a well designed, locally popular and cost effective garden city.