The Guardian view on Labour’s housing proposals: revolutionary intent | Editorial

The disastrous, unjust consequences of Britain’s dysfunctional housing market, which has been decades in the making, are all too familiar. Rampant house-price inflation and nimbyism have placed the property ladder beyond the reach of millions of young people. Private rents have soared, eroding living standards and fuelling homelessness.

Misconceived right-to-buy schemes have driven up demand but not supply. The stock of social housing has…