“The biggest barrier to social mobility and social progress is our broken housing market,” said Sajid Javid, while launching his long-awaited housing White Paper last week. “Fixing it means taking on tough vested interests.” The Communities Secretary is right on both counts. But if this White Paper is a genuine guide to future government action, it isn’t up to the job
Over the last 20 years, amid soaring demand, we’ve built around two and a half million too few homes across the UK. This yawning supply-demand gap has made ownership ever more unaffordable. The average house today costs almost eight times average earnings – an all-time record, the ratio having doubled since 1997. …”
If the Telegraph doesn’t like it, it myst be rubbish!