Here is an idea: how about the bankers, speculators and BTLers are forced to retreat from the housing market, pushing prices down and, alas, making housing more affordable.
The notion that demand outstrips supply is a myth promoted by the establishment and reiterated in the white paper to justify high prices.
The reality is that there are thousands of flats ready to move in – even in London.
The problem is that they are too expensive.
So there is no supply problem.
The problem is that the supply is not at an affordable price.
