For over a decade, the consensus on housing has been that Something Must Be Done. And in most of the rhetoric that something is to build more homes. It sounds simple, practical and—in the light of a rising population, sky-high prices, and our chilling infographic on homelessness—compelling too. Why, then, hasn’t it worked so far?
In part, it is down to the great crash. In 2007, Gordon Brown vowed to make the building of more homes—and garden cities—his administration’s signature policy. But then the financial crisis hit, and construction went into freefall.…
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