| Housing in the UK. House prices are rising, while interest rates are low - making the cost of servicing a mortgage affordable for many middle income households. However, low income households are finding it hard to enter the housing market - partly due to more prudent lending by mainstream mortgage providers. Economic recovery may bring with it the seeds of future trouble: any rise in interest rates may cause a increase in mortgage arrears and repossessions. The "Housing finance review 2001/2002" is carried out by the Chartered Institute of Housing and published by the Joseph Rowntree Foundation. | By Joseph Rowntree Foundation, UK. | Housing Policy Resource. |
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| Council Tax Reform. The New Policy Institute argue for a reform of the council tax. It is a regressive tax - taking relatively more from the poor than from the rich. Indeed, the poorest third of British households pay more in council tax than in income tax. Previously NPI have, in Council Tax - the Case For Reform, argued for re-banding, re-weighting and the revaluation of property. | By New Policy Institute, UK. | Housing Policy Resource. |
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