Burnham's Social Homes Can Boost the Property Market

Andy Burnham has pledged to undertake Britain’s biggest social housebuilding program in generations. That’s giving some people uncomfortable flashbacks to the 1970s, a period of recurrent crises that ended with the country rejecting Labour’s statist economic policies in favor of Margaret Thatcher’s free-market agenda. The new prime minister’s plan is indeed a move toward greater government intervention in the economy. What is less appreciated is how higher levels of public housing construction m