Skip to main content
Why the housing market won’t get fixed
Housebuilding company Taylor Wimpey is unusually honest in admitting that housing shortages and only building a tiny number of new homes are good for keeping prices – and profits – high, says SOLOMON HUGHES
Aspext housing development by Taylor Wimpey, Wick Lane London E3, 2019 [sludgegulper/CC]

IF YOU want to know why there is a housing crisis, the Taylor Wimpey annual report is as good a place as any to start. 

Taylor Wimpey is one of Britain’s leading housebuilders. There annual report and accounts, which cover 2022, were filed at Companies House at the end of June.

Homelessness is growing. The growing army of private renters are paying far too much of their income on increasing rents, and getting insecure tenancies in often shabby, hard-to-heat or even downright dangerous properties in return. 

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
A sign in a field by the M40 near Warwick, protesting the changes to inheritance tax (IHT) rules, November 2024
Landownership / 22 October 2025
22 October 2025

CAROL WILCOX argues for the proper implementation of the land value tax, which could see unused plots sold off and landlords priced out of landlordism, potentially resolving the housing and planning crises

TORY HIGH SOCIETY:  Sir John Ritblat
Features / 19 September 2025
19 September 2025

It is rather strange that Labour continues to give prestigious roles to inappropriate, controversy-mired businessmen who are also major Tory donors. What could Labour possibly be hoping to get out of it, asks SOLOMON HUGHES

Various For Sale, Sold and Let By estate agent signs juxtaposed next to a Dreams store in Clapham, London
Class / 18 July 2025
18 July 2025

Our housing crisis isn’t an accident – it’s class war, trapping millions in poverty while landlords and billionaires profit. To solve it, we need comprehensive transformation, not mere tokenistic reform, writes BECK ROBERTSON