Safe as houses?
Housing has long had a special place in the Tory party’s heart. A “property owning democracy” in Mrs Thatcher’s vision. It has also proved a nightmare as the rises in interest rates, negative equity and repossessions in the 1990’s showed. Now the problem is different: people desperate to own a home (the young) are shut out by sky high prices (at least in some places), the difficulties of saving for a deposit while renting and the lack of sufficient affordable…