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Financial Times — World — Housing Market — Property — Inheritocracy — Green Belt

Is London’s property market an inheritocracy? FT readers respond

London's property market has become an inheritocracy, with little prospects for first-time buyers from working-class households. The Green Belt policy prevents homes from being built and leads to a housing shortage. Taxes should be imposed on those owning more than one home.

1 min read
  • London's property market has become an inheritocracy with little prospects for first-time buyers from working-class households.
  • The Green Belt policy prevents homes from being built and leads to a housing shortage.
  • London has a low density of population compared to other cities in Europe.
  • Taxes should be imposed on those owning more than one home.
  • London is finished if it cannot attract and retain young people.
Is London’s property market an inheritocracy? FT readers respond
Commenters share their views on London’s housing landscape for first-time buyers
Financial TimesMarianna Giusti

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