The party seems to be moving away from its recent commitment to a ‘property-owning democracy’. But it is enough to solve Britain’s housing crisis?
What it means: Pretty much everyone thinks that Britain doesn’t have enough houses and that the houses we do have are too expensive to both buy and rent. Luckily, the government has come up with a solution: spend £2 billion on new social housing. (Social housing, FYI, is homes that are rented cheaply to the people who need it most. You might call them council houses).
This sounds like a lovely idea. But (there’s always a but) not everyone is convinced it’s actually going to do much to fix the problem. The opposing Labour party says £2 billion is nowhere near enough money and the government should copy Labour’s plan to build a million affordable homes (there were 1.2 million families on the waiting list for social housing in 2017).
… most of us live in a home of friends, family, or with a partner. Our homes are like mini-economies, with their own systems of dividing up work, providing resources, and exchanging skill-sets. Not only do these affect our ideas of who does what on a wider scale, our homes themselves and where they’re located have an effect on the economy around us, and the economy we experience.