Have the Conservatives lost their nerve on planning reform? Not quite, but a couple of small interventions at the Conservative party conference in Manchester point in a new direction. If anything, they suggest more ambition, not less, on the part of the ministerial team involved – though less opportunity for a falling out with southern voters.
The first, by Michael Gove, was yesterday in a Policy Exchange fringe event with Sebastian Payne on the latter’s new book, Broken Heartlands.
The new Levelling Up Secretary told his interviewer that the gap between paying monthly rent and paying monthly mortgage instalments – which are lower than rents for first-time buyers lucky enough to get on the housing ladder – is a ‘cripplingly unfair’ disparity that he wants to fix.
He then highlighted something he described as ‘incredibly counter-intuitive’:
‘You will automatically assume that the areas where the rent is proportionately higher than the cost of your mortgage would be in the South and South East.
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