For years, a handful of miserablists, such as our own Nick Cohen, have been warning that housing inflation is not the great boom it was once believed to be, but is in fact an unmitigated social disaster. For years weve done nothing about it. And finally, in 2017, rising house prices have proven to be the crack in the dam for the right. It has lead to a flood of devastating support from the under-45s for a left-wing Labour leader. So when Owen Jones gloats or Alex Massie laments that the Tories have lost the next generation of voters its hard to disagree with them, and although there are cultural factors involved, a huge, huge problem is the cost of homes.
So you can see how difficult things are for Conservatives here, and they will only get worse; soon even the Home Counties will begin to fill with increasing numbers of people unable to afford homes, turning blue voters to red.
