60 Seconds: Corbyn vs. Housing

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60 Seconds: Corbyn vs. Housing

Morning,

Oh to see the world through the eyes of a politician! Everything would be so simple, if only everyone else would see things the same way.

Since returning from their hols, HM’s government and opposition have been busy telling us everything will be fine, from Brexit to Boeing. And now, Jeremy Corbyn has assured us that the housing crisis will be solved simply by returning power from the greedy few to the poor oppressed many (his magic cure for everything).

Making regeneration of estates subject to a tenant’s plebiscite or forcing developers to build or be taxed on land (even without planning permission Jez?) will slay the capitalist scourge which, according to Mr Corbyn, is the cause of all our housing woes.

uberNow I’m not going to get into a tirade about the rights and wrongs of socialism (I, after all, was brought up in a good Labour household) but I would urge JC to consider the law of unintended consequences.

Earlier this year, all us Proles rejoiced at the news that tax relief was being removed for buy-to-let landlords. Both sides of the House agreed that good honest folk should not have to support fat cat property speculators. However, since this took effect, the number of rental properties in Central London has fallen by 17% as landlords jettison costly properties, according to research by Hamptons International.

By coincidence (maybe), this has coincided with a steep increase in rents in Central London, forcing ever more young professionals out to the fringes of the Capital, where they can sit on those ram-packed, privately operated trains Mr Corbyn famously lambasts.

Sometimes targeting the few can come back to bite the many.
Have a great weekend,

Tom


This week at Curtin&Co

Curtin&Co was delighted to be part of the project team which secured unanimous consent for New Central Developments to build 46 new homes in Woking. Congratulations!

The week ahead

Sister (caught in the) Act
Nun accused of paying £28k bribe to get planning permission for hotel near Vatican

New homes brewing
Here’s your chance to live in a brewery

Brexit bounce-back
Expensive London property will ‘bounce back in price once Brexit is decided’

Catch a falling rent and put it in your rocket
Central London rents rocket as number of rental homes drops by 17% in a year

And Finally…

Shake your money baker
For sale: a grand family home that hosted the Great British Bake Off tent


Curtin&Co specialises in the fields of Community Consultation and Political Engagement, especially around development, and Reputation & Crisis Management.

Curtin&Co has grown rapidly to a team of over 20 highly qualified political, community engagement and reputation management specialists, having been founded by Tom Curtin in 2009.  In 2016, Curtin&Co was delighted to be listed in PR Week’s Top 150 Public Relations consultancies at number 86 and in the Top 10 Public Affairs consultancies at number 8; a recognition of the quality of the service and growth achieved.

To find out more visit www.curtinandco.com or call Helen Barrett on 0207 399 2288