Originally posted on September 5 on Inside Edge 2, my blog for Inside Housing
Could rent to buy be the basis of a housing policy that helps deliver Theresa May’s ‘country that works for everyone’?
That’s the bold claim in a new report from Conservative think tank Renewal that calls for a radical reset of the Tories’ ambitions.
The aim is overtly political. As author David Skelton explains on Conservative Home, it is to broaden the appeal of the Conservatives to working class voters and voters outside of the South East. In a nutshell it is to capture the votes of people on low incomes by offering a housing counterpart to the national living wage.
However, while Homes for All (PDF here) is presented as being in the Tory tradition of Macmillan and Thatcher, it is also an admission that current Conservative plans do not work ‘for everyone’. Starter homes and shared ownership, the big winners from the spending review and Housing and Planning Act, are unaffordable for people on low incomes in most of the country.