Last week, we saw on either side of the Atlantic two starkly contrasting responses to post-credit crunch financial policy. In the US, President Obama firmly rejected the politics of old. Never again would the US taxpayer be first be in line to cover the cost of failing mortgages or underwrite loans the market considers too risky. Instead, he wants to see the private sector take on more of the risk as he winds down the two mortgage giants, Fannie … Read more
Much celebration here at Shelter HQ, as both Ken Livingstone and Boris Johnson have now backed our Mayoral election campaign and pledged to create Homes for London.
As the race enters its last week it is clearly a Ken-Boris contest, so it’s easy to ignore the other candidates, which is a shame, as they have done a lot to finally get housing onto the agenda. Both the Greens’ Jenny Jones and the Lib Dems’ Brian Paddick have backed Homes … Read more
Toby’s been referencing Dickens in his recent blog post, so here goes with another policy lovers favourite cultural reference; the West Wing. The fictional US leader President Jed Bartlet was renowned for his economic expertise and prudence. But looking back now, he was, like most other people, somewhat optimistic about the state of the economy and about housing in particular. “Home-ownership levels are higher than they’ve ever been!” he would merrily retort at critics of his policies.
Sadly, the state … Read more