Nick Clegg prior to giving a television interview during a visit to Hughes Safety Showers on May 21, 2014 in Stockport, England. Photograph: Getty Images.
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Clegg should tell the rebels to "put up or shut up"

The Lib Dem leader should seek a renewed mandate from his party.

"I intend to march my troops towards the sound of gunfire" is a famous quote much loved by all Lib Dems from one of our most revered leaders, Jo Grimond. Right now, the gunfire is not coming from the right or left or ahead of the party leader. It’s small, but it’s none the less significant. And it’s coming from behind him. And so the question is, what should Nick do about it?

Can I suggest Nick considers whether the best course of action is to march towards the sound of gunfire, and if he should be saying "put up or shut up". The received wisdom is that this is naïve politics at best, a suicide mission at worst (and folk in Great George Street are already yelling, "you’re an idiot", as they read this no doubt).Why on earth would a party leader do this when he doesn't "need" to?  Certainly, it seems unlikely that any of the party’s constitutional triggers for an election are going to be met. But never the less, that drip drip drip of poison is going to keep seeping away at Nick’s leadership.

But, if he called for an election - what then? We’re a one member one vote party, with the election decided by STV. So there’s no possibility of a stalking horse candidate coming forward, eliminating Nick in some first round before bowing out gracefully. No – there’s just one round of voting, so it really is put up or shut up. And I don’t think anyone will put up.

And then it’s done. There’ll either be no other candidate – and Nick goes forward with clear mandate. Or there is – and there’s a contest over the summer and we come back with a leader who the whole party has had a chance to (re)elect – which I suspect will still be Nick Clegg. And the boil is lanced.

There are many in the party who say that latter scenario is the nightmare one, where the party spends several months fighting itself. That’s probably true. So, a bit like...well, right now really. But I don’t think the summer of infighing will take place. Because I don’t think anyone will stand against Nick. So Nick – may I recommend another military quote to you: "My centre is giving way, my right is retreating, situation excellent, I am attacking."

Richard Morris blogs at A View From Ham Common, which was named Best New Blog at the 2011 Lib Dem Conference

Richard Morris blogs at A View From Ham Common, which was named Best New Blog at the 2011 Lib Dem Conference

Photo: Getty Images
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How can Britain become a nation of homeowners?

David Cameron must unlock the spirit of his postwar predecessors to get the housing market back on track. 

In the 1955 election, Anthony Eden described turning Britain into a “property-owning democracy” as his – and by extension, the Conservative Party’s – overarching mission.

60 years later, what’s changed? Then, as now, an Old Etonian sits in Downing Street. Then, as now, Labour are badly riven between left and right, with their last stay in government widely believed – by their activists at least – to have been a disappointment. Then as now, few commentators seriously believe the Tories will be out of power any time soon.

But as for a property-owning democracy? That’s going less well.

When Eden won in 1955, around a third of people owned their own homes. By the time the Conservative government gave way to Harold Wilson in 1964, 42 per cent of households were owner-occupiers.

That kicked off a long period – from the mid-50s right until the fall of the Berlin Wall – in which home ownership increased, before staying roughly flat at 70 per cent of the population from 1991 to 2001.

But over the course of the next decade, for the first time in over a hundred years, the proportion of owner-occupiers went to into reverse. Just 64 percent of households were owner-occupier in 2011. No-one seriously believes that number will have gone anywhere other than down by the time of the next census in 2021. Most troublingly, in London – which, for the most part, gives us a fairly accurate idea of what the demographics of Britain as a whole will be in 30 years’ time – more than half of households are now renters.

What’s gone wrong?

In short, property prices have shot out of reach of increasing numbers of people. The British housing market increasingly gets a failing grade at “Social Contract 101”: could someone, without a backstop of parental or family capital, entering the workforce today, working full-time, seriously hope to retire in 50 years in their own home with their mortgage paid off?

It’s useful to compare and contrast the policy levers of those two Old Etonians, Eden and Cameron. Cameron, so far, has favoured demand-side solutions: Help to Buy and the new Help to Buy ISA.

To take the second, newer of those two policy innovations first: the Help to Buy ISA. Does it work?

Well, if you are a pre-existing saver – you can’t use the Help to Buy ISA for another tax year. And you have to stop putting money into any existing ISAs. So anyone putting a little aside at the moment – not going to feel the benefit of a Help to Buy ISA.

And anyone solely reliant on a Help to Buy ISA – the most you can benefit from, if you are single, it is an extra three grand from the government. This is not going to shift any houses any time soon.

What it is is a bung for the only working-age demographic to have done well out of the Coalition: dual-earner couples with no children earning above average income.

What about Help to Buy itself? At the margins, Help to Buy is helping some people achieve completions – while driving up the big disincentive to home ownership in the shape of prices – and creating sub-prime style risks for the taxpayer in future.

Eden, in contrast, preferred supply-side policies: his government, like every peacetime government from Baldwin until Thatcher’s it was a housebuilding government.

Why are house prices so high? Because there aren’t enough of them. The sector is over-regulated, underprovided, there isn’t enough housing either for social lets or for buyers. And until today’s Conservatives rediscover the spirit of Eden, that is unlikely to change.

I was at a Conservative party fringe (I was on the far left, both in terms of seating and politics).This is what I said, minus the ums, the ahs, and the moment my screensaver kicked in.

Stephen Bush is editor of the Staggers, the New Statesman’s political blog.