Causes and Consequences? Exploring the Shape and Direction of the Housing System in the UK Post the Financial Crisis

The impacts of the global financial crisis continue to reverberate around the world. This paper explores its impacts in the UK in general and England in particular in relation to the housing market and housing policy. It examines the underlying trends which were already in place before the financial crisis and the impact of the crisis and the government's policy responses on the housing and mortgage markets. The paper argues that the crisis mainly exacerbated already long established tensions while the current policy solutions have ameliorated, but not fully, resolved these pressures.