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Regulate the housing market by creating more social housing and the mass construction of rent controlled, high quality housing at cost

Comment 8th August 2010

The UK economy is heavily unbalanced and society is under severe strain because of the unhealthy proccupation with property values . The private sector should be controlled and the govt should intervene to create more social housing with a new  agile and diverse  philosophy that would allow tenants to rent, buy, exchange but with clearly defined rules on standards of upkeep and presentation .

Southern Europe has some interesting models with public corporations that develop public and private land under cost controlled ,socially  diverse  responsible and means tested models that allow , different age groups, economic classes etc to establish a foothold in areas otherwise closed to them .

Rent controlled projects should be encouraged to draw demand away from the private sector and prevent overheating in the housing market .

Why does this matter?

Because the UK is becoming an increasingly unjust society for all age groups , where its native citizens are being denied access to housing against a backdrop of stagnant or falling wages and falling industrial output . Govt interevention is required to stabilize an  out of control market situation that is damaging the competitiveness and stbility of our society.

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