Between all the usual August silly-season news stories about how the Prime Minister makes tea (milk first, apparently) or his go-to Greggs pie (it’s the sausage, bean and cheese melt, since you asked) was something altogether more serious: where the Government plans to build 70,000 of its promised 300,000 new affordable and social homes. It […]
In 1920 a Scottish Unionist MP Noel Skelton coined the term ‘property-owning democracy’, arguing that widening the base of property ownership among the working class would stabilise democracy and counter socialism. The term came to the forefront of political discourse when Prime Minister Anthony Eden used it at the Conservative Party conference in 1946. However, […]
As an architect and developer, every day I must wade through the swamp of planning rules, building regulations, financial restrictions and NIMBYism peppering the landscape of the construction sector. One set of rules in particular though, and one sub-set of those rules, grinds my goat so intensely for its sheer wanton stupidity and backward-thinkingness, that […]
When a household pays £450,000 for a new home in England, a striking share of that price is not paying for bricks, mortar or even land. It is paying for planning obligations, biodiversity rules, regulatory overhead and delay-driven finance costs – none of which is itemised for the family that ultimately bears the cost. Stamp […]
This week, Nimby Watch is in Hendon, a settlement since Roman times and which has had its name – Anglo-Saxon for ‘high hill’ – since at least 1005. Alright. Hendon. Why? Let’s show a bit of enthusiasm for Hendon, shall we? You’re clearly not an aviation history buff – Hendon was the first home of […]
I’m 23. Like many of my friends, I endured the British education system all the way to university: GCSEs, A levels and then an undergraduate degree. Now, with little opportunity to progress in the small town we grew up in, those same friends are now looking to move to a city for work. For some, […]
This week, Nimby Watch is in central London… Okay then, where are we this time? We’re in Belgravia, one of London’s swankiest neighbourhoods. Don’t say I never take you anywhere nice. Okay, fine. But neither one of us can afford anything here, as well you know, and I’m including coffee when I say that. Well… […]
London is delivering the fewest number of homes since the Second World War. Over the past two financial years, London has started just 15,040 homes in total. Over the same two years, London’s housing target was 175,984. That means housing starts were only 8.5% of the target, a truly dreadful figure. London’s housing shortage stands […]
For many people, there is a brilliant piece of music or an inspiring novel that changes their life. For a freak like me, it was obviously a documentary. And of course it was a documentary about Margaret Thatcher. Released just after she died, ‘Margaret, Death of A Revolutionary’ set me on the path of believing […]
This week, Nimby Watch is in for a reckoning… Hey, you. Excuse me? Are you talking to me? Yes, you. I’ve got something you should read. Hang on a minute, shouldn’t you be asking me questions? Are you breaking the format? Damn right I am. Every fortnight, you take me somewhere in the UK, show […]
You don’t expect to hear national policy being made on Reddit, and yet last week Andy Burnham did just that in an Ask Me Anything. When asked what he will do to fix the housing crisis, he pledged to ‘launch the biggest council house building programme since the post-war period’ and that ‘nothing else will […]
This week, Nimby Watch is in Danson Park, Bexley, in South East London. But why? I see we’re in a park! You never bring me anywhere nice. It’s a particularly nice park, too! Danson Park, which celebrated its 100th birthday last year, has a lake – which hosts boating and water sports activities – football […]
According to the Government, England is about to spend £39 billion on social housing. That may be just the start. Andy Burnham, the frontrunner to replace Keir Starmer if he wins this Friday’s Makerfield by-election, has made a large-scale expansion of social housing central to his pitch. Yet the discourse around this number focuses almost […]
This week, Nimby Watch is in Winstanley, in the historical county of Lancashire. But, like certain other people in Winstanley right now, we’ve got our eyes on Westminster… Okay then, why are we in Winstanley. Where exactly is Winstanley, anyway? Well, if you’re part of the southern Westminster elite, you might say that Winstanley is […]
The scale of the housing crisis is sobering. Britain has the worst housing shortage of any major developed nation. Decades of undersupply have contributed to house prices and rents skyrocketing out of reach. In 1997, the average home cost about 3.5 times the average income. As of 2024, an aspiring buyer must devote nearly eight years’ worth of […]
According to reports over the weekend, Rachel Reeves is considering whether a new generation of public-private partnerships (PPPs), the modern successor to the old Private Finance Initiative (PFI), could help Labour’s ambitious plans for a new generation of towns. With borrowing constrained by Labour’s own fiscal rules, debt interest costs elevated and public finances under […]
This week, Nimby Watch is in south-east London, just for a change… Alright then, where have you brought me this week? We’re in rapidly-gentrifying Peckham, in south-east London. Specifically, we’re by the Aylesham Centre, a shopping centre that has clearly seen better days, and they definitely weren’t recent. Hang on a second, haven’t we been […]
This week, Nimby Watch is in Bushey, a town near Watford that’s been around since the Domesday Book… I see we’re in Watford. What brings us here, then? Hang on for a second, we’re in Bushey – it’s been its own town for 1,000 years, which is long enough that we shouldn’t just smush it […]
Governments rarely earn applause for changing their minds, but sometimes it is well-deserved. In the past few weeks, ministers have killed two policies that would have made Britain poorer, a one-year freeze on private rents and a statutory power to direct where pension funds invest. The rent freeze, briefed on a Sunday and definitively buried […]
The BBC has reported claims that the capital’s housing crisis cannot be solved simply by building more homes. The argument runs that demand has outstripped anything supply could plausibly match anytime soon, so in the short run, the real issue is not just building more, but who owns existing homes. The argument is more sophisticated […]
In the pantheon of destructive, counterproductive laws of the last few centuries, Labour’s new Renters’ Rights Act, which starts today, must be up there with the worst. Perhaps alongside the Corn Laws of 1815, or the Trade Union Act of 1906 that allowed unchecked industrial unrest and economic decline, or the Town and Country Planning […]
On Monday, it seemed that Rachel Reeves had crossed the Rubicon into complete economic ineptitude. It was reported that the Government was considering a one-year rent freeze for private tenants to soften the financial blow of the Iran war. Under the plans, landlords would be prohibited from raising rents for a limited period of time, […]
Watch or listen to CapX’s weekly podcast ‘The Capitalist’ wherever you get your podcasts.
