Politics is a strange game - spin and rhetoric with little truth to be seen - politicians just don't say what they mean these days. The Prime Ministers Speech on 4 October 2017 was no different:
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There is no quick fix to solving the housing crisis. As discussed in part one of this blog, solving any problem is a process and the first step should be to ‘stop the bleeding’ – by implementing strategies to reduce public spending on short term, unsuitable accommodation for those in immediate housing need.
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The elephant
With the capital’s population likely to reach 10 million in the next decade and land prices still rising strongly, London has the highest proportions of both private and social renters than anywhere else in England. Housing waiting lists have never been longer, first-time buyers have never been older and we have never spent so much of our income on rent. What’s more these trends don’t appear to be stopping anytime soon.
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