To understand why the Tories are incapable of solving the housing crisis, you have to understand that its roots come from Tory dogma older than most of the unfortunate ‘generation rent’. It is a creed they refuse to resist, and a doctrine that blinds them to the increasingly perilous consequences.
It is exemplified by ‘right to buy’, one of Margaret Thatcher’s most politically potent and significant policies. Incredibly popular at the time, it is probably responsible for some measure of the older generation’s electoral loyalty to the Tories. But the electoral bribe it represented was time limited – unlike its consequences.
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