Housing Shortage

This morning's "Thought for the Day" on BBC Radio 4 was made by the Chief Rabbi, Jonathan Sacks.

He made reference to the fact that some people will need to borrow up to 10 times their salary in order to purchase their first property. The problem - a desperate shortage of affordable housing stock.

The Centenary of Hampstead Garden Suburb was mentioned. In 1907, when Dame Henrietta Barnett, the founder, would have been proud of her growing development of properties which were designed for ordinary people. Nowadays, some of the cottages are on the market for £500,000.

What should be done to help those trying to get on the property ladder?