Emeritus Prof Christopher May on Nostr: Angela Rayner is trying to build more social housing, as a response to the housing ...

Angela Rayner is trying to build more social housing, as a response to the housing crisis, one of whose key drivers has been the expansion & relaxation of mortgage credit that has seen prices accelerate on the back of increased multiple of wages for loans...

But, now Rachel Reeves is preparing to (further) relax rules on mortgages to help her 'growth strategy', which of course is likely to raise houses further compounding the housing crisis...

Do Angela & Rachel talk, do you think?

#housing