Walk down your local High Street today and there’s one sight you’re almost certain to see. Hardworking young people, faces pressed against the estate agent’s window, trying and failing to find a house they can afford.
A decent, affordable home is every bit as important to people as good schools and a strong NHS.
But in 2016, most struggle to get a foot in the door of the housing market. The average house costs almost eight times what most people earn in a year. And saving for a deposit is impossible when prices keep rising and half your wages already go on rent. It’s turning us into a divided nation of property haves and have-nots.
That’s bad news for the people at the sharp end, and those who are just about managing to get by. Sky-high property prices also hurt business productivity, as employers find it harder to get skilled workers to move where the jobs are.
Conservatives don’t just build houses. We build homes. And it would be a betrayal of every value we hold dear if we deny those homes to the next generation. We owe it to those young people looking in the estate agent window – to our children, and our children’s children – to fix the real problems and help everyone find a home of their own.
Pretty emotive stuff from the Communities Secretary but also a distorted view of the issue. What Sajid fails to mention is the impact of Government policy on reducing the incomes of the poorest households which obviously makes it difficult to afford to buy or rent.
He also ignores the impact of those who buy property as second homes/investments/buy-to-let on the wider property market. Not only that but no mention of the impact of high net population flows into the UK.
You can build more houses but that will have little impact on providing housing to those in need. Cornwall shows that.
If Sajid Javid was serious about providing housing he would be implementing restrictions on ownership and population movement but we reckon ‘that would be a betrayal of every value [Conservatives hold dear’