UK housing crisis: Help to Buy is little more than a rain dance
(Reuters)
At what point do we just accept that the Government has all but given up on stimulating the country’s embarrassingly inadequate housing supply to ensure enough homes are actually built?
Is it when prices rise so high that a two-bedroom, ex-local authority semi on the outskirts of London becomes the sort of attractive investment some moneyed Arab royal throws cash at?
Or is it when we’re living three generations of one family in a single room like them good old Dickensian days in the nineteenth century, when pretty much everyone had tuberculosis or cholera?
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