Monday, May 17, 2010

Private sector or free market housing?

In an interview with Jeremy Paxman, Gordon Brown is reported to have said that housing is “essentially a private sector activity.”

Aneurin Bevan, who did not want to encourage speculative builders who built for sale, must be turning in his grave but Labour learned a hard lesson from the attempt to turn local councils into the nation’s landlord of choice.

But there is still no sign of letting the market build where it really wants to, restoring a free market in land for housing & stopping forcing builders into providing rabbit hutches.