Sure, there are plenty of people in these parts that can afford such ridiculous prices, but there are far more who have no hope of escaping the insecurity of the private rented sector, including thousands who earn what would be sufficient to consider buying a home in other parts of the country. The waiting list for Council Housing is seemingly endless. If you've got kids you have a chance of getting a place eventually, but if not...forget it, the Council will never house you.
It is, of course, due to factors largely beyond the control of the City Council that the housing situation is what it is. A generally unequal economic system (hey, that's Capitalism folks!) and a lack of interest in the housing situation of those who fall below New Labours potential middle-class-voter radar are perhaps far more powerful causes. But the City Councillors should be held to account for this outrageous decision to allow people on low incomes to be shut out from this new development. Research on social exclusion shows beyond any doubt that splitting people up into separate geographical areas according to wealth, is a major factor in the problems of the rich getting richer while the poor get poorer. Allowing private companies, who clearly couldn't give a toss about anyone not in a financial position to buy one of their overpriced houses, to build exclusive little neighbourhoods for the super-rich is exacerbating the problems of the ever growing gap between rich and poor in this country and beyond.
Now, I'm not always one to suggest lobbying our elected representatives as a sensible political strategy, but I think in this case, it might be worth a go. If you're up for it, click on the link below, find out who your local councillors are in your ward (they'll be three of 'em), and ask them to justify their actions.
http://cambridge.gov.uk/ccm/navigation/about-the-council/councillors/
And if you felt like redecorating the advertising hoardings around the new development...well, I couldn't possibly suggest something like that ;-)
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