A Plague On All Their Houses!

This blog is utterly dismayed by the demand side auction now engaging the main political parties to try and buy votes. All these rights, benefits and support for buying, without any coherent planĀ for a massive programme of affordable house building to rent, can only increase the shortage, inflate prices and increase the demand for taxation funded housing benefit to keep families from living on the streets.

No government of whatever party, grouping on combination, should get mixed up in the private property market. It should concentrate, as a matter of national emergency, on getting two million new houses built asap.by local authorites and housing associations to ensure a plentiful supply in all aprts of the country of decent affordable housing. This will settle the market and reduce housing costs to a proper affordable level and rebalance the economy away from borrowing and into saving.

It is quite impossible for politicians, and the Tories who think they are clever on the economy should know this, to talk of economic competence when they are feeding the very process which led to the financial crash in the first place.

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