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Is the housing market boom hiding a crisis?

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Synopsis

With the housing market booming, how is there a housing crisis at the bottom end of the property ladder? COVID-19 has had a dramatic effect on the housing market, despite there being a recession, house prices have been going up and more properties have been changing hands than anyone could ever have imagined. But for people looking to get their first home, things have been harder than ever. To explain why housing market analyst, Neal Hudson, talks through the change in behaviour; Anya Martin, head of policy at PricedOut, and social mobility commissioner Saeed Archer show the effects that this will have on society. Jake from Southampton also tells his story about living in the midst of the cladding crisis. In response to the podcast, a spokesperson from the Ministry of Housing, Communities and Local Government said:"Our priority is to make more homes safer, faster - and that's why we're providing £1.6 billion to speed up the removal of unsafe cladding, targeted where it is needed most. We're already seeing