Over the past 50 years, the income needed to buy a home has more than doubled - from around four times average earnings to over eight. The housing crisis has become a defining challenge for younger generations in the UK, widening intergenerational divides and contributing to economic problems like inactivity and stagnant productivity.

The government has pledged to build 1.5 million homes over the next five years, but it follows a long line of administrations that have made similar promises. Planning restrictions, labour shortages, and exorbitantly high construction costs continue to stall progress at every turn.

Many also argue that high housing costs are no accident - they are the result of a system that treats homes as financial assets rather than basic needs. With so much personal wealth and retirement security tied up in property, there's little political will to increase supply or make housing more affordable.

Meanwhile, younger people - stuck renting or living at home - are turning away from traditional conservatism, unable to access the homeownership that once defined middle-class stability. Inheritance now plays an outsized role, with many only able to get on the property ladder through family wealth.

Do Labour’s planning reforms go far enough or do we need to overhaul the whole planning system? How has London become the most expensive city in the world to build in? Should we move away from home ownership as an aspiration? How did we allow homes to become primarily financial assets? How do we halt the growing inequality around home ownership and inheritance?