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Sorting rich from poor
Policy Exchange, a right-wing think-tank, is calling on councils and housing associations to sell off their most valuable housing stock. Policy Exchange has a variable record. It was an advocate of the government’s austerity programme, predicting in August 2010 that ‘if the Coalition stays the course on cutting spending’, then ‘growth through most of 2011’ should…
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Budget borrowing blow for housing
Councils need to ‘keep calm and carry on’ despite the chancellor’s threat yesterday to re-examine how much local government is allowed to borrow for housing. Tucked away in the Budget red book published yesterday was a worrying mention of the effects on public borrowing of council housing finance reform.
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Build more houses
It is increasingly clear that the UK housing crisis can only be addressed by building more social housing. Ross McKibbin wrote in the LRB last year that this should be a priority for a future Labour government, and even the coalition belatedly accepted the economic benefits of social housing construction in the run-up to the…