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DTSTART;TZID=Europe/London:20231009T110000
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SUMMARY:How Can Labour Become the Party of Home Ownership?
URL:https://policyexchange.org.uk/labour-party-conference-2023/
DESCRIPTION:Homeownership is on the slide –for the population as a whole\, but also more significantly for younger\ngenerations. Owner-occupancy has fallen by 26% for the 25-34 age bracket since 1991. This is a\nprofound crisis that creates intergenerational tensions and heightens wealth inequality. It also has a\nsignificant social dimension: people usually want to purchase a home of their own before settling down\nto start a family. As this becomes increasingly hard\, people are having children later.\nLabour wants to capitalise on this issue and present itself as the true party of homeownership. It has\npledged to return ownership rates to 70% if it is elected. And it can draw on a powerful set of arguments\nmade by historical figures from James Meade to Anthony Crosland in the party as to why increased\nprivate ownership is entirely compatible with the sort of society that Labour wants to build.\nThe event has the potential to cover a variety of themes\, including:\n• Homeownership and Social Democratic Politics: Is increasing private ownership of wealth\ncompatible with Labour’s vision for the UK? Why are some on the left sceptical about private\nhomeownership?\n• Social Housing and Right to Buy: Labour also wants to make social housing the second largest\ntenure type. How will it go about doing this? And how does it connect to the objective of private\nhomeownership? What about the Right to Buy policy?\n• Housebuilding: there is a growing consensus that homeownership rates cannot improve unless\nwe expand the housing stock considerably. How would a Labour Government do this? Where\nwould it focus its efforts to get the most “bang for buck” in the short to medium term?\n• Mortgages: credit and mortgage products have come back to the centre of policy debate in the\npast twelve months with volatile interest rates. How would a Labour Government address this\nproblem?\n• Support for First-Time Buyers: what help ought to be provided to those trying to get onto the\nfirst rungs of the housing ladder? On this theme\, what would a Labour Government’s stance\non second-home buyers\, buy-to-let landlords or foreign investors be.\nSpeakers\n• Rachel Cunliffe\, Associate Political Editor\, New Statesman\n• Neil Jefferson\, Managing Director\, Home Builders Federation\n• Councillor Shama Tatler\, Deputy Leader\, Cabinet Member for Regeneration\, Planning\nand Growth\, Brent Council\n• Christopher Worrall\, Executive Committee Member\, Labour Housing Group\n• Dr James Vitali\, Head of Political Economy\, Policy Exchange (Chair)\n\nLineup is subject to change. For the most up-to-date panel\, please follow the link.
LOCATION:Meeting room 17\, ACC Liverpool
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DESCRIPTION:How Can Labour Become the Party of Home Ownership?
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