I’ve lost count of the infrastructure stimulus funds I’ve seen from ministers – mainly Conservatives during the last two governments, and mainly fixated on road building – so here’s my new idea for one, and not a bypass in sight.
It starts with the housing crisis. Even most Tories agree we need new, genuinely affordable rented homes. In many cities, we now have an entire generation locked out of home ownership. For many people, so-called ‘starter homes’ are literally a non-starter as the high level of rent prevents saving for a deposit, while incomes come nowhere near paying for a mortgage at 80 per cent of market rates.