Stuart Trow

Co-host of “Money, Money, Money” on Switch Radio and author of “The Bluffer’s Guide to Economics.”

Balconies on residential properties in London, UK, on Monday, June 2, 2025. At least 10% of the UK's wealthy non-dom population have left the country following tighter tax rules introduced by Prime Minister Keir Starmers Labour government, according to a new report authored by a former Treasury economist. Photographer: Jason Alden/Bloomberg

Britain forgot subsidised housing needs a subsidy

[LONDON] There’s no shortage of explanations for Britain’s affordable-housing emergency – overregulation, environmental worries, planning bottlenecks, labour shortfalls or a toxic combination...