[Originally posted at Dale&Co, 22/11/11, It is an earlier version of material discussed in Laying the foundations?]
The much anticipated, and heavily trailed, housing strategy for England – Laying the foundations – arrived on Monday. The Government’s claim is that the strategy will “get the housing market moving again”, while at the same time “laying the foundations for a more responsive, effective and stable housing market in the future”. How do those claims stack up?
The document presents a plausible portrait of the situation we find ourselves in, in terms of the housing shortages and affordability problems. And some of the diagnosis of the problem is equally sensible. The problems of the housing market are not of recent origin. They are the product of some longstanding failures. To take one example, as the Prime Minister and Deputy Prime Minister observe in the foreword: “for decades in Britain we have under-built”. The Government is promising that it is taking “a new approach”, which “marks a decisive break with the failed policies of the previous Government”. I wouldn’t seek to defend Labour’s housing track record, but this seems a cheap shot, given the nature of the problems. It is also the case that some of the deep presumptions that have caused these problems – such as housing being the most appropriate vehicle through which households can and should accumulate wealth – are reinforced rather than questioned in today’s statement.
Much of the housing strategy document is, in fact, simply bringing together in one place a number of policies and initiatives that have already been announced. It is hard to argue that placing them between two covers transforms them into a coherent strategy. Continue Reading →