#UK #HousingMarket #municipalisation

It is to be hoped that when it completes its overall process of policy formation this summer #UKLabour will feel able to include #municipalisation where appropriate rather than just setting - rather dubious looking - targets for #owneroccupation.

Hope springs eternal!

#UK #HousingMarket #municipalisation

The prime mover behind this policy was the relevant #Secretaryofstate, Anthony Crosland, who is not thought of as a particularly left wing figure.

It would thus be difficult to characterise such an approach as "ultra-leftist" - though no doubt some will try to do just that. Rather it should seen as lying well within the tradition of mainstream #socialdemocracy

#UK #HousingMarket

The report suggested that as many as 450,000 properties might be affected.

Clearly not all of the #LocalCouncils covering the areas affected will have the means or the political will to respond to this by #municipalisation of individual properties.

However such an approach does have an illustrious precedent. Nearly fifty years ago the newly-elected #labourgovernment responded to the effects of a #BankingCrisis on the #HousingMarket by encouraging #municipalisation.