Where Ed Balls is right on building homes - and where he is wrong

Last week I went to see Shadow Chancellor Ed Balls set out Labour’s plans on the economy and public spending in the hope that he would commit to substantial new funding for affordable homes. I’ll give him 7 out of 10.

Mr Balls said that over the coming year it was likely that:

“the balance of advantage will shift from temporary tax cuts to long term capital investment”.

In other words, building homes and investing in infrastructure trumps a temporary … Read more