Theresa May unveils plan to build new council houses

There are currently 300,000 fewer homes for social rent than 20 years ago and around 1.2 million families on local authority waiting lists for a social tenancy.

Mrs May said: “Whether you rent or buy, everyone needs the security of a place to call home but too many ordinary working families are stuck on council waiting lists, facing unaffordable rents and struggling to save for that first deposit.

“That’s why we will fix the broken housing market and support local authorities and housing associations to build a new generation of council homes right across the country.

Source: Theresa May unveils plan to build new council houses

Subsidize demand, restrict supply – every government in every country does this. Wiki: A substantial part of the UK population still lives in council housing, in 2010 this was about 17% of UK households.