New labour have been awful for tenants and poorer communities in
their 13 years as they have allowed housing rents to go up by over
200 % ,as well as collassal price rises in other basic necessities
such as food , heating , transport,council tax .The tories are now
keeping these high rents but cutting all sorts of benefits to seriously
damage many peoples personal stability and financial existence.
New labours housing policy was called market renewal pathfinder
in which they aimed to demolish housing to push up prices.........
at the same time they allowed the financial establishment full free
rein to expand the money supply through the bank lending system
to create a hugh increase in house prices .This has created so much
difficulty for tenants ,and first time buyers,with so many homes now
owned by companies and individuals with multiple homes,with so many
shortages and longer waiting lists.