Published by Emeritus Prof Christopher May

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@h4890

Yes, I'd agree... in a sense, expanding social housing provision, and thus overall supply, massages down real prices, which might be hidden by nominal house price stagnation, and in 10-15 years we might (the UK that is) be in a better place with less expensive & more readily available dwellings.... but, it'll take time & momentum might well be lost as Govt. changes (both within the current ruling party or if the opposition gets in next time)


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h4890

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@ChrisMayLA6 The problem here is that no political party in power wants to setup the opposition for success. That's why social programs longer than at most 4 years are close to impossible. They know that if it succeeds, the risk is that the competitors will get the credit.


@h4890

Oh, that is so familiar here too.... bi-partisanship over such measures went out of the window decades ago

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