AI can help us find the right policies to fix the housing crisis | Letters

AI can help us find the right policies to fix the housing crisis  | Letters

Dr Omar A Guerrero says technology could scrutinise policy proposals and formulate holistic solutions. Plus letters from a pensioner who was evicted after asking his landlord to fix damp problems, Daniel Carter and Martyn Williams

Nick Bano makes a compelling argument that discussions about increasing the housing supply are misguided if their aim is to fix the UK housing crisis (The end of landlords: the surprisingly simple solution to the UK housing crisis, 19 March). His data and succinct description of the historical context are consistent with qualitative and quantitative evidence provided by various UK housing scholars.

As part of my work as a computational economist, I try to understand the connections between housing wealth inequality and the set of incentives that are shaped by institutions such as the market and the government, ie “the rules of the game”. For this purpose, I develop artificial intelligence models consisting of a computational representation of every household and property in the economy (with their most relevant characteristics and behaviours), and the rules of the game that incentivise them to engage in interactions such as purchasing and renting real estate.

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