The Price Of Property

British homeowners are now in the majority - 70% of our homes are owner-occupied, a figure that's doubled in the last 50 years.

Evan Davis explores the rise and rise of the home-owner and the growing influence of the property market on every aspect of life in Britain today.

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British homeowners are now in the majority - 70% of our homes are owner-occupied, a figure that's doubled in the last 50 years.

Evan Davis explores the rise and rise of the home-owner and the growing influence of the property market on every aspect of life in Britain today.He begins by asking why politicians of all parties now champion home ownership, and whether the rise in owner-occupation has made us a more conservative nation, a wealthier nation or a more divided nation.

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Evan Davis continues his exploration of Britain's housing.

The spiralling price of property may make British home-owners feel richer, but has the boom of the last decade really made them money? Evan takes a hard look at house prices and asks why our homes cost so much, why house prices are so volatile and who really benefits from a rising market.

He talks to former Chancellor Norman Lamont about the price of property, meets the experts who believe that high house prices threaten our economy and asks what went wrong the last time the market crashed.

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He looks at the growth in demand for property and explores the social consequences of housing shortages, from couples starting their families later to decreasing mobility in the labour market.

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Evan Davis concludes his exploration of Britain's housing with a look at the future.

As we become a more affluent society, our aspirations for housing increase.

Guest rooms, second bathrooms or even second homes are sought by many people.

Should we satisfy these aspirations by building more housing on our limited land space, or can we use our existing houses more efficiently?