{"id":145403,"date":"2024-06-21T12:00:08","date_gmt":"2024-06-21T05:00:08","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-a-disastrous-tory-policy-blew-up-the-housing-market\/"},"modified":"2024-06-21T12:10:14","modified_gmt":"2024-06-21T05:10:14","slug":"how-a-disastrous-tory-policy-blew-up-the-housing-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-a-disastrous-tory-policy-blew-up-the-housing-market\/","title":{"rendered":"How a disastrous Tory policy blew up the housing market"},"content":{"rendered":"<p>&#013;<br \/>\nIn the second instalment of a special series on the emblems of Tory Britain, Oliver Wainwright looks at help to buy, a scheme that cost billions, pushed up prices, did almost nothing for new buyers \u2013 but made house builders a lot of moneyWith a penthouse in Santa Monica, a rambling Georgian manor in North Yorkshire and a five-bedroom mews house in Kensington, Rishi Sunak knows a thing or two about the joys of home ownership. \u201cI want everyone to feel what I felt when I got the keys to my first flat,\u201d Sunak said in his recent televised debate with Keir Starmer, recalling the moment he stepped into his South Ken pied-\u00e0-terre for the first time.Launching his election manifesto, Sunak reiterated the Tory party\u2019s eternal commitment to estate agents, house builders and the transformational power of bricks and mortar. \u201cFrom Macmillan to Thatcher to today,\u201d he declared, \u201cit is we Conservatives who are the party of the property-owning democracy in this country.\u201d Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/society\/ng-interactive\/2024\/jun\/21\/help-to-buy-how-a-disastrous-tory-policy-blew-up-the-housing-market\" target=\"_blank\" rel=\"noopener\">How a disastrous Tory policy blew up the housing market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; In the second instalment of a special series on the emblems of Tory Britain, Oliver&#46;&#46;&#46;<\/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-145403","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-BPd","jetpack-related-posts":[{"id":126932,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-a-top-tory-ploy-so-why-hasnt-rishi-sunak-cut-stamp-duty-phillip-inman\/","url_meta":{"origin":145403,"position":0},"title":"It\u2019s a top Tory ploy: so why hasn\u2019t Rishi Sunak cut stamp duty? | Phillip Inman","date":"June 4, 2022","format":false,"excerpt":"\r Firing up the property market with a tax break is usually the Conservatives\u2019 go-to tactic in times of trouble. But the chancellor must have his reasons\u2026Boris Johnson\u2019s government, out of ideas and beyond its sell-by date, is stuck in a rut. With the economy heading south as inflation ravages\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143244,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sunak-and-gove-accused-of-caving-in-to-lobbying-in-favour-of-landlords\/","url_meta":{"origin":145403,"position":1},"title":"Sunak and Gove accused of caving in to lobbying in favour of landlords","date":"March 29, 2024","format":false,"excerpt":"\r Opposition MPs criticise changes to renters\u2019 reform bill, which cast doubt on removal of no-fault evictionsRishi Sunak and Michael Gove have been accused of caving in to Tory MPs lobbying in favour of landlords\u2019 interests after it emerged that significant aspects of the renters\u2019 reform bill are to be\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":145403,"position":2},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dont-fear-gentrification-those-new-blocks-of-flats-can-lead-to-lower-rents-torsten-bell\/","url_meta":{"origin":145403,"position":3},"title":"Don\u2019t fear gentrification, those new blocks of flats can lead to lower rents  | Torsten Bell","date":"May 21, 2023","format":false,"excerpt":"\r Data from the US supports Keir Starmer\u2019s push for more housebuilding in BritainHousing is always centre stage in British politics, usually in the form of support for first-time buyers, like right to buy. But Keir Starmer is making housebuilding a key pre-election dividing line, attacking Rishi Sunak for scrapping\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134249,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/greedy-tories-that-rings-a-steve-bell-brief-letters\/","url_meta":{"origin":145403,"position":4},"title":"Greedy Tories? That rings a (Steve) Bell | Brief letters","date":"January 26, 2023","format":false,"excerpt":"\r Conservative plutocrats | Politicians\u2019 replies | Allotment radicalism | Tory ethics | Wild-camping Wombles?Re Polly Toynbee\u2019s article (Zahawi, Sunak, Johnson: this is rule by plutocrat. It\u2019s like a stench that\u2019s worse each day, 23 January), I used to put Steve Bell\u2019s cartoons on the kitchen wall day by day.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136489,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/starmer-accuses-rishi-sunak-of-killing-the-dream-of-home-ownership\/","url_meta":{"origin":145403,"position":5},"title":"Starmer accuses Rishi Sunak of \u2018killing the dream of home ownership\u2019","date":"May 3, 2023","format":false,"excerpt":"\r Labour leader castigates PM for dropping compulsory housebuilding targets for councilsUK politics live \u2013 latest updatesKeir Starmer has accused Rishi Sunak of \u201ckilling the dream of home ownership for a generation\u201d with his decision to scrap housebuilding targets, as he again used prime minister\u2019s questions to try to portray\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/145403"}],"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=145403"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/145403\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=145403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=145403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=145403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}