Vince Cable, the new leader of the Liberal Democrats, has made tackling the housing crisis a top priority.
Vince believes the Government should allow local councils to borrow to invest in new, affordable housing. He also wants tax penalties on the purchase of property for investment purposes, by overseas residents, which has led to soaring prices in London. Vince says, “Homes are to live in; they’re not pieces on a Monopoly board”.
Local resident, Jill Fraser, who lives in the West Kentish Town estate, welcomed the Lib Dem commitment to affordable, good quality housing. Jill said, “It’s so difficult for young people in our area to buy or rent a decent home. The Tory Government is out of touch – they must fund the building of new homes to give people a fair start in life.”