, , ,

[Composite: Getty Images/PA].

As matters stand, it seems the UK will never build enough houses for those who need them – and young people will never be able to afford them anyway.

The problem lies in the fact that house prices have been allowed to rise. Homeowners now have a huge investment tied to the price of their property – but one that could fall in value if new, and cheap, houses are built.

And developers know they will lose profit if the build too many houses because this would allow prices to drift downwards.

Governments can say what they want but any promise to build a quarter of a million houses a year (the figure we are said to need) is a lie. It simply won’t happen under current conditions.

It would be a brave administration that took the bit between its teeth and said it would create a nationalised builder to put up as many houses as are necessary, because it would turn every homeowner in the country against that political party at the next election.

So what’s the solution?

Vox Political needs your help!
If you want to support this site
but don’t want to give your money to advertisers)
you can make a one-off donation here:

Donate Button with Credit Cards

Here are four ways to be sure you’re among the first to know what’s going on.

1) Register with us by clicking on ‘Subscribe’ (in the left margin). You can then receive notifications of every new article that is posted here.

2) Follow VP on Twitter @VoxPolitical

3) Like the Facebook page at https://www.facebook.com/VoxPolitical/

Join the Vox Political Facebook page.

4) You could even make Vox Political your homepage at http://voxpoliticalonline.com

And do share with your family and friends – so they don’t miss out!

If you have appreciated this article, don’t forget to share it using the buttons at the bottom of this page. Politics is about everybody – so let’s try to get everybody involved!

Buy Vox Political books so we can continue
fighting for the facts.

The Livingstone Presumption is now available
in either print or eBook format here:

HWG PrintHWG eBook

Health Warning: Government! is now available
in either print or eBook format here:

HWG PrintHWG eBook

The first collection, Strong Words and Hard Times,
is still available in either print or eBook format here: