Where will we live?
James Meek: The Housing Disaster, 9 January 2014
“... new homes reached a tipping point, average house prices took off like a rocket, trebling between Tony Blair’s accession and the 2008 crash. (In Tower Hamlets, prices went up three and a half times.) Even allowing for inflation over that period of time (36 per cent) it’s a terrifying increase.The chart only shows part of Right to Buy’s drawbacks. Those ... ”