10 signatures reached
To: Chancellor of the Exchequer
Local Authority Borrowing Rules
Relax the rules on local authority borrowing with immediate effect, to allow them to finance a much increased programme of housing construction for renting.
Why is this important?
There is, and has been for decades, an ongoing housing crisis which should be viewed as a national disgrace in a civilised society that claims to be the fifth or sixth largest economy in the world. Politicians of all parties, and the executive branch of government, are all culpable. There needs to be a demonstrable national consensus that this must change. The proposal that this petition puts in front of the Chancellor would, if supported by large numbers of citizens, make it clear that such a consensus does exist and that action must be taken by those who have the power to do so.
