Home » Uncategorized » I don’t get it.

I don’t get it.

Juli's avatarjuxtaposed

Whenever housing is mentioned, a national programme for the building of council houses for rent, once again, is a very popular idea. So much so as to be widely considered a no-brainer. And it is, isn’t it? Proper public housing, that is, not houses owned by private developers and called ‘social’ to make it sound reasonable.

Housing supply is inadequate for the demand, by the numbers, the type and affordability – actually affordable, relative to wages. Prices are high. Deposits alone can be more than the total cost of the two-bed flat I bought in the mid-eighties. This market means rents are also high. Work is precarious, pay is too low and life’s basics are expensive. Anyway, we know this.

There are the usual and perfectly valid supply/demand concerns over such issues as negative equity, preservation of an older home-owning voter-base, protection of asset values, rising interest rates, the ‘freedom of…

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