The Northern Gateway may be barred to many

Manchester City Council promises that 3,000 of the homes being developed in the enormous Northern Gateway development will be affordable housing. But close to 86,000 households in Greater Manchester are on the social housing waiting list, and homelessness is visibly increasing. Affordable housing is unaffordable to many in Manchester. So who is this development actually […]

Trafford council spends £38m on investment properties: are they ‘gambling’ with public money?

An investigation into speculative property deals by local government, show the practice is increasing rapidly across England, as cash strapped councils try to survive austerity cuts. Vince Cable, leader of the Liberal democrats described these types of investments as “gambling” and that there was “a very high risk of bankrupting their local authorities”. Amongst the […]

Can alternative models of ownership alleviate the housing crisis?

The housing crisis is a prime example of the economic term market failure. Politicians of different stripes have followed policies, introduced by Margaret Thatcher, of increasing market forces in the housing market, by promoting private ownership of homes, and degrading social housing by selling it off with heavy subsidies – while promising but failing to […]