‘The ugly truth at the heart of the housing crisis is that politicians have zero incentive to pursue policies that would truly make housing more affordable. Rising house prices straightforwardly redistribute from those who rent to those who own. Politically, homeowners have much more power than renters: even as the number of renters grows. Both parties fear the upset that falling house prices would generate among some far more than the delight they would prompt among others.’
D. K. Blaire