The housing markets in England and Wales need structural reform

Government of the day would you please take note.

Structural/financial improvements are needed to be applied to all housing markets across England and Wales to avoid homelessness.

The responsibility to correct these ‘structural’ failures within our economy, which result in unacceptable hardship especially for those at the poorer end of the spectrum, should certainly not be placed solely at the door of the main opposition, or The Labour Party.

Considering that the problems have been largely the result of wrong Tory policy and Conservative thinking, it would seem to be more appropriate if the Conservatives should be the party to correct the anomalies.

Alternatively, of course, if the government should be undecided, unable or unwilling to put into effect the necessary adjustments to resolve the current housing crisis (and the resultant increased homelessness), The Labour Party would have a clear mandate to canvass for a majority on the basis that they would put into effect the correct remedies to cure the lengthening and deepening housing crisis if they should gain a majority at the next General Election.

This should be seen in the context that our national economy is otherwise one of the most successful economies on the planet.

It will be interesting to see which of the two main parties becomes the one to adopt and place into effect the necessary and urgently needed new policies and in doing so, win the support of the voting public once again.

Extra reading:
There was a great piece of journalism published by The Independent in August last year.
It explained that the crisis which we are currently seeing within the UK housing market is to do with polices put into place in the Thatcher era and later.
These anomalies cannot simply be wished away by trying to build thousands of privately owned and new social rented housing units.
The problem is a structural one not relating to the building of necessary houses but relating to the way the houses themselves are being both marketed and financed.

The title of the Independent article is:
Home ownership falls more in UK than any other EU country

The link to it is:
Aug 18 article in The Independent

For the complete solution to all of these issues, which could be achieved swiftly and economically, please go to:

The House Price Virtuoso Solution: Full details of our proposals for properly reforming all housing markets in England and Wales.

Peter Hendry, Author:– The House Price Virtuoso Solution previously The Hendry Solution