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Novara FM: What’s Really Causing the Housing Crisis? w/ Nick Bano

Novara Media

Novara Media

Politics, Philosophy, News, Society & Culture

4.81.3K Ratings

🗓️ 4 April 2024

⏱️ 66 minutes

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Summary

Why is it so expensive to rent in the UK? In a divisive new book, barrister Nick Bano places the blame squarely on price-gouging landlords, rejecting the conventional wisdom that calls for more new housing as a solution to the crisis. He goes head to head with Novara Live’s Michael Walker to explain the thinking […]

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0:00.0

Hi, Navarro FM now has its own dedicated inbox.

0:05.0

You can send your comments, corrections, thoughts, and provocations about the show,

0:10.0

or tell us what you like to hear to FM at Navarro Media.com.

0:15.0

And maybe we'll read them out on a later episode.

0:18.0

That's FM at Navarro Media.

0:21.0

com. media. F.M. Welcome to Navara F.M. or

0:33.0

or crash course with Michael Walker depending on which feed

0:47.2

you're listening to this on. As you can guess, I'm Michael Walker.

0:51.9

I usually host Navara Live at Navara Media, but they're giving me the chance to host a Navara FM this time around. It's Navarro Media's big ideas podcast, Crash Course with Michael Walker, if you hadn't heard of it,

1:07.0

is my chance to get out of the news cycle and which I'm often in on Navarro Live and talk about

1:12.0

topics in some real depth. Now my first

1:15.5

series of that podcast was all about rent and the housing crisis which I think

1:21.1

is why chow ravens asked me to host this episode of Navarro

1:26.1

which is on those themes. My guest on this episode is Nick Bano. Nick is a housing barrister who's just released a book which has

1:36.7

made quite a lot of waves online in recent days and weeks. That's in part because of a guardian article he wrote in connection to the book which argued

1:47.0

that we don't really have a housing shortage and that there isn't really a lack of supply in this country and that the root cause of the housing crisis

1:56.2

is simply the issue of landlords profiteering.

2:00.3

Now if you followed my previous work you'll know that I'm not a massive fan of landlords,

2:04.4

but I do actually have some big theoretical and empirical disagreements with Nick Bano.

2:11.5

So a big part of this conversation is a bit of a debate about how much supply matters when it comes to housing. I think it matters. Nick doesn't. He's coming from an explicitly Marxist perspective I suppose I'm coming from you can make your mind up as you listen to it

2:29.9

the podcast isn't just a debate about supply and demand though.

2:32.7

We also talk about some of the really interesting historical analyses that Nick has in the book,

...

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