“There is a lack of political will to fix our broken housing market,” says your leader (28 March). In fact, there is political will not to fix it, or because to offer any degree of stability to todays nascent and growing families would need more than “flatlining” house prices; it would need prices to descend back to a realistic multiplier of local earnings,which is something this government will not absorb, as evidenced by the outrageous shovelling of public money to development-sector shareholders through Help to Buy. Related: The Guardian view on house prices: the government lacks the political will to fix the broken market | Editorial Related: 'Dog kennel' flats in Barnet will be 40% smaller than Travelodge room Continue reading...
Source: theguardian.com