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Create public bonds that pension funds etc' can invest to build owned homes too.

Submitted on Monday 6th February 2017

Published on Wednesday 15th February 2017

Current status: Closed

Closed: Tuesday 2nd May 2017

Signatures: 8

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Create public bonds that pension funds etc' can invest to build owned homes too.

Petition Details

The recent addition of bonds to enable buy-to-let creation doesn't help facilitate a proper meritocracy. More proper for a 50-50 split in terms of building policy choice. This policy seems like a government giving up on the future of truly independent living to appease the big house builders.

Additional Information

We know that the big 5 housing companies are holding onto roughly 476,000 planning permissions, artificially inflating housing prices and have been doing so for decades. I say this policy is just as monopolistic in tendency as the recent energy, rail ticketing and Fifa bribes scandals. This isn't about morals, this is about conservative Hayek based free-market systems. Unfortunately, a state sponsored 'eye' is required to help maintain proper market function from time to time.


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