Josh Ryan-Collins
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jryancollins.bsky.social
Josh Ryan-Collins
@jryancollins.bsky.social
Professor in Economics & Finance @iipp-ucl.bsky.social | macroeconomic policy, sustainable finance, land & housing | https://profiles.ucl.ac.uk/64753
Pinned
My report commissioned by the UK government's Ministry of Housing on demand-side drivers of the housing crisis and the financialisation of the housing market:
www.ucl.ac.uk/bartlett/pub...
Reducing Investment Demand Key to Solving the UK's Housing Affordability Crisis
New report by IIPP Professor Josh Ryan-Collins outlines bold reforms to address the UK housing affordability crisis.
www.ucl.ac.uk
Neoliberalism --> populism

[from Funke et al (2023) Populist Leaders and the Economy www.aeaweb.org/articles?id=... p361]
November 1, 2025 at 6:47 PM
Reposted by Josh Ryan-Collins
🔄 Breaking the Housing-Finance Cycle.

IIPP Professor of Economics and Finance @jryancollins.bsky.social spoke with Tim Williams on the Grimshaw Cities Podcast about the economics of housing and the drivers of housing crises.

🎧 Listen to the episode here: buff.ly/EOdVKMT
October 24, 2025 at 3:31 PM
Reposted by Josh Ryan-Collins
Our second episode from our series ‘Where is Urban Politics?’ is out now:

urbanpolitical.online/98-repolitic...

Josh Ryan-Collins (@jryancollins.bsky.social)
and Dirk Bezemer are talking about Europe’s housing crisis, financialisation, and the urgent need to rethink the politics of home.
October 20, 2025 at 7:55 AM
Reposted by Josh Ryan-Collins
In this episode, you will hear:
Josh Ryan-Collins (@jryancollins.bsky.social) and Dirk Bezemer, introduced by Marian Counihan and Christian Lamker (@raumplaner.bsky.social) .
October 20, 2025 at 7:51 AM
The EU parliament is undertaking a major investigation in to the causes of the housing crisis. @danielagabor.bsky.social & myself gave evidence to the parliament on financialisation in July. This was neglected in the draft motion so we've written an open letter.
www.ucl.ac.uk/bartlett/pub...
Letter to the European Parliament's HOUS Committee
Authored by Josh Ryan-Collins and Daniela Gabor
www.ucl.ac.uk
October 17, 2025 at 9:07 AM
Opportunity knocks for Labour at the upcoming budget to commence a fundamental reform of our broken property taxation system. Some thoughts from me in @theguardian.com
www.theguardian.com/society/comm...
Abolishing stamp duty won’t solve Britain’s housing crisis – but this radical property tax just might | Josh Ryan-Collins
Economists on all sides agree: rather than incremental changes, this deeply unfair market needs a ‘big bang’ moment, says associate professor of economics and finance Josh Ryan-Collins
www.theguardian.com
October 15, 2025 at 1:45 PM
If you reduce taxation on property, the 'saving' will be capitalised in to house prices, enriching existing owners whilst not increasing homeownership. Property tax needs reform not lowering. Abolish stamp duty & replace with annual proportional property tax.
www.theguardian.com/politics/202...
Tories will scrap stamp duty on primary residences, Kemi Badenoch tells conference
Leader announces tax cut plan for England and Northern Ireland in speech aimed at boosting fiscal credibility
www.theguardian.com
October 8, 2025 at 4:31 PM
Its 10 years to the day since Mark Carney's famous 'Breaking the Tragedy of the Horizon' speech set out how central banks could persuade markets to price in the green transition. Unfortunately it didn't happen.
medium.com/iipp-blog/th...
The tragedy of the ‘measure to manage’ green financial policy paradigm
Josh Ryan-Collins, Professor in Economics and Finance, UCL Institute for Innovation and Public Purpose
medium.com
September 29, 2025 at 11:02 AM
"Paris is also doing more “pre-emption deals” in which it blocks a planned real estate transaction to instead buy the building itself to convert into social housing. Under its new land use plan, the city has labelled some 800 buildings, one-third offices, as candidates."
on.ft.com/4nvu0BT
The left’s radical plan to fix housing in Paris
Authorities are using an arsenal of interventionist tools to make city homes affordable. Critics call it an attack on property rights
on.ft.com
September 17, 2025 at 8:49 AM
Mark Carney's 'Tragedy of the Horizon' speech is approaching its 10th anniversary.
Some reflections here on why the 'measure risk to manage risk' paradigm it set out has largely failed and alternative path forwards.
medium.com/iipp-blog/th...
The tragedy of the ‘measure to manage’ green financial policy paradigm
Josh Ryan-Collins, Professor in Economics and Finance, UCL Institute for Innovation and Public Purpose
medium.com
September 12, 2025 at 11:27 AM
As the government panics about bond market gyrations, its always useful to understand how the UK government actually finances itself: by creating new money, just like a bank.

New paper with @AskerVoldsgaard, Neil Wilson, Andrew Berkeley and Richard Tye.

www.tandfonline.com/doi/full/10....
The Self-Financing State: An Institutional Analysis of Government Expenditure, Revenue Collection and Debt Issuance Operations in the United Kingdom
This article provides the first detailed institutional analysis of the UK government’s expenditure, revenue collection, and debt issuance processes. We show that public expenditure is always financ...
www.tandfonline.com
September 5, 2025 at 5:15 PM
"The numbers suggest rather that the housing crisis is less about shortage than the unequal distribution of homes around the population."
Excellent long read in the FT from John Plender on the true causes of the UK housing crisis: policy drivennn financialisation and inequality.
on.ft.com/4p7SiUk
Making British homes affordable again
Politicians have long blamed a housing shortage for soaring prices, but it is tax reform that can make the market less dysfunctional
on.ft.com
September 4, 2025 at 8:56 AM
Watch my podcast with Sydney's Tim Grimshaw, focussing on the financialisation of housing open.spotify.com/episode/76Wa...
BREAKING THE HOUSING-FINANCE CYCLE
THE GRIMSHAW PODCAST · Episode
open.spotify.com
August 21, 2025 at 10:45 AM
Very pleased to see Bailey pushing back on Reeves' flawed plans to liberalise UK banks.
UK banks primarily lend against existing assets, rather than serving the real economy. Only around 15% of all lending goes to non-financial firms, 75% to mortgages and other parts of the financial sector.
July 23, 2025 at 11:01 AM
Reposted by Josh Ryan-Collins
⚠️ Financial Stability at Risk

Recent research by IIPP Professor @jryancollins.bsky.social & Research Fellow Lydia Marsden shows the role of finance in ecosystem degradation, urging for systemic reform to protect nature and the economy.

✍️ Read our news story here: buff.ly/wJM34Wb
July 17, 2025 at 8:31 AM
Reposted by Josh Ryan-Collins
🌳 Financial System Interactions With Ecosystem Tipping Points

The latest working paper by IIPP's @jryancollins.bsky.social and Lydia Marsden maps financial flows to companies linked to land-use change and degradation in two at-risk ecosystems.

✍️ Read their paper here: buff.ly/TwbaSOw
July 9, 2025 at 3:31 PM
Reposted by Josh Ryan-Collins
🎤 IIPP Professor @jryancollins.bsky.social recently gave evidence to @europarl.europa.eu's Special Committee on the Housing Crisis in the European Union, emphasizing the need to adjust outdated policy tools to combat increasing financialisation.

📺 Watch the recording: buff.ly/MQJTPOB
July 5, 2025 at 11:01 AM
Gave evidence to the @euparliament.bsky.social yesterday on policy solutions to deal with the financialisation of housing. Also speaking were the Deputy director of the ESRB & @danielagabor.bsky.social
I'm on from from 11h42m
multimedia.europarl.europa.eu/en/webstream...

@iipp-ucl.bsky.social
Special committee on the Housing Crisis in the European Union Ordinary meeting - Multimedia Centre
The multimedia platform of the European Parliament is the official public available repository of the media production of the Secretariat of the European Parliament, managed by the Directorate-General...
multimedia.europarl.europa.eu
July 4, 2025 at 10:42 AM
New discussion note published today on how central banks should regulate to reduce financial flows constribution to ecosystem tipping points. Collaboration with WWF Green FInancial Regulation Initiative. Plus...
wwf.panda.org?14288941/Fin...
Financial Stability at Risk: An Urgent Call to Central Banks and Regulators to Address Ecosyste
New policy brief calls for stronger financial interventions to help prevent systemic risks to global economies, highlighting how financial flows contribute to nature loss in five crucial ecosystems.
wwf.panda.org
July 1, 2025 at 10:45 AM
New paper sets out a framework for rethinking our approach to the housing crisis as if we had limited resources (labour, materials and C02 emissions).
Part of our 'Homes that don't cost the earth' collaboration with @iipp-ucl.bsky.social, Arup engineers & @darkmatterlabs.org
tinyurl.com/2c6rcrgb
Homes that Don’t Cost the Earth: Taking Stock | Notion
Taking Stock outlines the foundational analysis that will guide the next stages of our work, including the framework and metrics we propose to use to evaluate housing policy and practice, and the key ...
tinyurl.com
July 1, 2025 at 10:04 AM
Looking forward to speaking on this panel next wednesday in Brussels on the housing affordability crisis. Hosted by the S&D Group and & MEP Andreas Schieder.
Sign up to join in person or online below.
Join us in Brussels or online: socsde.ms/ZS7
June 27, 2025 at 11:37 AM
Reposted by Josh Ryan-Collins
Join @neweconomics.bsky.social and @policyalternatives.ca @ricardotranjan.bsky.social for a Canada-UK housing justice dialogue, with contributions from the amazing @jryancollins.bsky.social 👇
Tenants are organising. How can researchers and think tanks support them? Join @neweconomics.bsky.social and @policyalternatives.ca on 26 June for a webinar on how to support housing justice movements in Canada and the UK.

Link in post below 1/2
June 17, 2025 at 4:27 PM
Reposted by Josh Ryan-Collins
🌳 What is the future of nature-aligned finance?

IIPP Professor @jryancollins.bsky.social‬ will be speaking at the upcoming 'Towards Nature-Aligned Finance' event hosted by the Erasmus Platform for Sustainable Value Creation on June 19th.

🔗Learn more and register here: buff.ly/bU9mhhB
June 12, 2025 at 10:30 AM
I'll be charing the closing panel of this workshop hosted by the Erasmus Plaform for sustainable value creation in Rotterdam next thursday. Tickets still available.
www.eventbrite.co.uk/e/towards-na...
Towards Nature-Aligned Finance?
Join us to meet and discuss the future of nature-aligned finance with policymakers, industry leaders and world-class researchers.
www.eventbrite.co.uk
June 10, 2025 at 11:17 AM
Excellent piece from @resi-analyst.bsky.social. Housing transactions are collapsing and we desperately need property tax reform. Shifting from stamp duty & council tax to an annual property tax could increase transactions & the tax take, increase labour productivity and growth.
on.ft.com/4jiWbSn
May 22, 2025 at 2:21 PM