Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "Angela Rayner's renter bill" video.
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You're absolutely correct Professor. As the private sector can't or won't address the failings of the Housing Market, there is only the State left that can marshal the resources needed to tackle the root cause, which is lack of supply. But unfortunately, the choice to act only as a powerless referee on the sidelines is creating more problems on the sidelines. It's as if they are totally ignoring the power they have. If that had been done at the end of World War II, the economy would have never recovered. As long as you need people to be economically active to grow the economy, they're basic needs must be met. And housing is a basic need for people. The nations we defeated after WWII, had little time or patience with market failures, and created public housing and a housing rental regime that worked both for tenants and landlords in economies hollowed out by war and repatriations. But our economy has money far in excess of that, and our governments fudge the issue, and nothing improves. The State has power for a reason, and should use it in all it's dimensions, or it will sign its own democratic death warrant. This is an intolerable state of affairs. People must be housed or this economy will never grow in any meaningful sense. I know Angela Rayner wanted to make a positive difference, but this legislation is only rearranging deckchairs on the Titanic.
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