{"id":124361,"date":"2022-01-27T01:04:43","date_gmt":"2022-01-26T18:04:43","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/exposing-the-big-lie-behind-help-to-buy\/"},"modified":"2022-01-27T02:10:26","modified_gmt":"2022-01-26T19:10:26","slug":"exposing-the-big-lie-behind-help-to-buy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/exposing-the-big-lie-behind-help-to-buy\/","title":{"rendered":"Exposing the big lie behind help to buy"},"content":{"rendered":"


\nThe Tory belief that private home ownership can solve the housing crisis is deeply flawed, writes Mike Lambert, while Bernie Evans calls for more help for private sector tenants. Plus views from both sides of the buy-to-let debate.Polly Toynbee (The verdict is in: George Osborne\u2019s help-to-buy scheme has been an utter disaster, 25 January) further exposes the lie behind the government\u2019s policies, that by encouraging private home ownership we will solve the housing crisis. Her article confirms that the origins of the crisis are in the right-to-buy policies of the 80s, compounded by the refusal to allow the proceeds to fund new council stock and dismantling the Fair Rent Act. The housing crisis results from failing to meet the housing \u201cneeds\u201d of those unable to afford a mortgage. Help to buy simply boosted the market demand for private housing.But if that achieved little in helping those in real housing need, how much more morally reprehensible is it that we now subsidise private landlords and their buy-to-let mortgages to the tune of \u00a322bn a year in the form of housing benefit? It is at this level because those without access to affordable social housing cannot pay private rents set to cover the cost of a mortgage and provide the owner with a return. This is revenue expenditure that could be better used to support much-needed public services. The government will only address the housing crisis by investing significant capital over a long period of time in new social housing and seeing it as an infrastructure investment that will produce both a capital asset and an income stream to the public sector, ultimately reducing the demand and therefore the cost of private rented housing. Surely this is what levelling up should be all about?Mike LambertAldham, Essex Continue reading…
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\nSource : theguardian.com
\nRead more…Exposing the big lie behind help to buy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Tory belief that private home ownership can solve the housing crisis is deeply flawed,...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-124361","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wlP","jetpack-related-posts":[{"id":136471,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunak-and-starmer-are-obsessed-with-home-ownership-neither-seems-to-want-to-fix-the-housing-crisis-kieran-yates\/","url_meta":{"origin":124361,"position":0},"title":"Sunak and Starmer are obsessed with home ownership. Neither seems to want to fix the housing crisis | Kieran Yates","date":"May 2, 2023","format":false,"excerpt":"\r Both parties emphasise \u2018getting on the ladder\u2019 to win middle-class votes, ignoring the vast majority of people affected by this emergencyBritain is obsessed with home ownership. This might date back to our history of land ownership, class and colonial exploit but the fixation lives on, thanks in no small\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80130,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/only-labour-can-solve-a-housing-crisis-the-tories-created-owen-jones\/","url_meta":{"origin":124361,"position":1},"title":"Only Labour can solve a housing crisis the Tories created | Owen Jones","date":"February 16, 2018","format":false,"excerpt":"\r It\u2019s no surprise that home ownership for young adults has collapsed. It\u2019s the left alone that offers policies that will helpNeoliberalism is a con, a fraud, and Britain\u2019s housing crisis vividly illustrates why. The populist promise of neoliberalism has always been about extending choice for the individual. In a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13204,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/budget-wont-solve-housing-crisis\/","url_meta":{"origin":124361,"position":2},"title":"Budget won't solve housing crisis","date":"May 16, 2016","format":false,"excerpt":"\r The Government will not be throwing money at housing initiatives in the Budget, Prime Minister John Key says.The Budget next week is expected to include some funding to buy up more surplus Crown land in Auckland for housing developments,...\r \r Source : nzherald.co.nz\/Property\r Read more...Budget won't solve housing crisis","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140058,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/from-right-to-buy-to-housing-crisis-how-home-ownership-killed-britains-property-dream\/","url_meta":{"origin":124361,"position":3},"title":"From right to buy to housing crisis: how home ownership killed Britain\u2019s property dream","date":"October 29, 2023","format":false,"excerpt":"\r Margaret Thatcher\u2019s \u2018property-owning democracy\u2019 project drove a mass sell-off of social housing and the growth of private ownership. Now, after more than 40 years of soaring prices and growing inequality, is it time to change course?Property: natural and imprescriptible human right, foundation of freedom, engine of wealth, maker of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":68750,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-housing-crisis-will-only-get-worse-until-england-scraps-right-to-buy-jonathan-manns\/","url_meta":{"origin":124361,"position":4},"title":"The housing crisis will only get worse until England scraps right to buy | Jonathan Manns","date":"October 11, 2017","format":false,"excerpt":"\r Selling off council homes is economically and morally reprehensible. The government needs to halt its kneejerk support for home ownershipScotland has already scrapped so-called right-to-buy schemes and Wales is pushing through reforms to do the same. It\u2019s now also time for England to stop allowing council tenants to purchase\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42399,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/britain-has-enough-land-to-solve-the-housing-crisis-its-just-being-hoarded\/","url_meta":{"origin":124361,"position":5},"title":"Britain has enough land to solve the housing crisis \u2013 it's just being hoarded","date":"January 31, 2017","format":false,"excerpt":"\r Developers are sitting on land without building anything, then selling it on for profit \u2013 a vicious cycle that can make it impossible to create affordable homes. What can be done to stop this speculative feeding frenzy?\u201cBuy land,\u201d said Mark Twain. \u201cThey\u2019re not making it any more.\u201d\u201cThen once you\u2019ve\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124361"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=124361"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124361\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}