Housing is in need of some shock therapy - Telegraph

Housing is in need of some shock therapy - Telegraph

As the aspiration of chastity is pushed ever further into the future, St Augustine's lament seems to become more relevant by the day.

Since the start of the crisis, economic strategy has contained a central contradiction, bordering on outright hypocrisy. Developments this week make clear it's not about to change. Policymakers want to see the economy made more competitive, they want to see rebalancing, for housing to become more affordable, and for the nation to save more and borrow less, but they appear more reluctant than ever to take the painful decisions that would achieve these aims.

Oxford letting agents at www.oxfordhomesdirect.co.uk