Theresa May's £2bn for social housing unlikely to solve problem
With Britain building 60,000 too few homes a year and an affordability crisis that has caused home ownership among the young to slump by a third in the last 10 years, it seemed a bold and surprisingly un-Tory move by Theresa May to promise “a new generation of council houses” in her leader’s speech.The last time the country built more than the 250,000 houses a year now needed to keep up with the rate of new household formation was under Labour’s Jim Callaghan in 1978, whe
Read more »