SELECTED WORKS

of Jaime Luque

Popular Writing

VP’s offer to first-time buyers risks fuelling the housing crisis

(2019)
Jaime Luque
LINK
ABSTRACT

Is Kamala Harri´s housing plan just another recipe for higher home prices?

My latest piece featured in the Financial Times, challenges the prevailing wisdom behind first-time homebuyer subsidies. While these policies may sound like a lifeline, they can actually drive home prices even higher in today’s tight market.

In the letter, I dissect Harris’s proposals and make the case for a different approach: instead of inflating demand, we need to supercharge housing supply. Tax incentives for developers, as I argue in my book “Affordable Housing Development” (Springer), are the real key to lowering prices and making homes affordable again.

Read the full letter in the Financial Times and join the conversation. Are we on the right track, or just repeating the same mistakes?

KEYWORDS

Housing Crisis; Affordable Housing; Real Estate; Housing Policy; FinancialTimes

DISCIPLINES

Urban Studies and Planning

PUBLICATION DATE

August 21, 2024

CITATION INFORMATION

Jaime Luque. "VP’s offer to first-time buyers risks fuelling the housing crisis" Financial Times (2024)
Available at: http://works.bepress.com/luque/90/

CREATIVE COMMONS LICENSE

Creative Commons License
Creative Commons License This work is licensed under a Creative Commons CC_BY-NC-ND International License.

The information collected on this form is recorded on a computerised file by EESC ESCP for Customer Relationship Management, direct marketing, recruitment and selection of candidates. This information will be stored for 3 years and used by the marketing, recruitment and admissions departments.
You may exercise your rights under the General Data Protection Regulation (GDPR) including your rights to access your personal data and rectify it by contacting:
EESC ESCP Business School
3 Rue Armand Moisant 75015 Paris FRANCE

dataprotection@escp.eu