The day after a Mary Riddell fantasy, I'd normally look to
her for some inspiration. Yesterday, in
the Telegraph, she was writing about housing but I confess I could not
understand what she was on about except that we need to build more houses. Quite!
Riddell suggests we should borrow more to pay for new housing stock. "No
other EU country counts public borrowing for building homes as an add-on to
public debt," which, given the
state of most EU economies, does not seem to be particularly sound financial
advice. In Mary Land, rents will repay
the balance sheet and we will all feel much better for being better housed. Blindingly simple - why on earth has no one
thought of that before?
Despite Mary's usual muddled thinking, is there a more worrying sub-text in the, ostensibly,
reasonable demand for more houses?
"Everyone, as a member of society, has the right to social security
and is entitled to realisation ...
social and cultural rights indispensible for his dignity and the free
development of his personality (UN Declaration of Human Rights)." One could envisage decent housing (lawyers
would have a field day with the definition) becoming a matter of dignity and
social justice and, therefore, yet another "rights" obligation on the
state? Now that really would require
some public borrowing and creative accounting!
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