Economy & Banks

Shared ownership is a disgrace. Shit shit system. Social housing should be for those who do not have jobs or who can't work - not for those who do not earn enough from a perfectly respectable job to buy a private home.

We need to punish developers who hoard land, and speculators and second home owners who keep property empty, spread the wealth to get people out of London and the south east, spend more tax payers money on social housing, drive wages up to levels where people can actually live and not rely on income support / housing benefit.

You are Citizen Smith and I claim my £5.

Teasing aside, I don't think that punishing those particular people - popular as they would undoubtedly be - would actually fix the problem. Spreading the wealth out of London - yeah, maybe, but it's hard to do. Trust me, people are trying.

As for higher wages - how do you do that without just stoking more asset price inflation?