- Created: Saturday, 20 May 2017 21:21
- Written by FRFI
Fight Racism! Fight Imperialism! 257 May/June 2017 Election Special
On 9 May, Labour leader Jeremy Corbyn pledged to put housing at the forefront of his party’s general election campaign, guaranteeing to build a million homes, with half of them council houses. But in the Labour manifesto this radical promise has been watered down to ‘at least 100,000 council and housing association homes a year’ – by the end of the parliamentary term – ‘for genuinely affordable rent or sale’. Corbyn has embraced Labour’s new definition of ‘council’ housing, which can be any kind of tenure and where the idea of a regulated council rent is a thing of the past, with ‘affordable’ meaning anything up to 80% of market rent. There is no mention of social rent.
The last government’s Housing and Planning Act ushered in a massive fire-sale of public land and housing stock, fuelled by the City of London, giant construction companies, international developers and estate agents eager to profit from soaring land prices. But far from challenging this sustained attack on working class housing, Labour councils have leapt onto the gravy train.