“I have a letter from a woman called Rosie,” said Jeremy Corbyn at prime minister’s questions. Rosie Winterton, Labour’s chief whip, looked up and smiled. Her leader had finally got round to reading something she had written. Corbyn was quick to disillusion her: “Rosie is in her 20s and wants to buy a house in London.” Winterton shrugged. In a good light …
In their previous exchanges at PMQs, David Cameron has often been caught off guard by Corbyn’s references to members of the public, unsure whether to laugh or adopt a solemn face. Now the prime minister had a plan; repeat Rosie’s name as often as possible. “I want Rosie to be able to buy her own house,” he said, “which is why I have brought in the help-to-buy Isa especially for Rosie.”
If Rosie has any sense she will steer well clear of the help-to-buy Isa that had been specially created for her, as she would end up saving money at a far slower rate than house inflation and would be even less likely to afford a home than at the start.
This is a serious problem - about time the politicos took it seriously.