Article C78Z How to meet Britain’s housing needs | Letters

How to meet Britain’s housing needs | Letters

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Letters
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Zoe Williams is quite right to identify foreign ownership for investment purposes to be one of the root causes of the housing problem, particularly in London and the south-east (Why more houses won't solve the housing crisis, 22 June). However, a sudden move to an outright ban on such ownership would be too drastic a step to adopt in one go, as it would bring about a step change in the price of properties, and leave those already struggling to make mortgage repayments in the invidious position of negative equity.

Also, by focusing solely on the shortage of individual properties, Ms Williams ignores the fact that the key aspect of the problem is the shortage of bedroom capacity both in the rental and owner occupied sector.

Zoe Williams' solution might well be right: ban foreign non-residents from buying in London

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