But the rising cost of housing benefit is a consequence, surely, of the private sector\’s failure to provide enough jobs paying a living wage, or enough affordable housing for rent or purchase. The private sector has all the power in both cases. The state has all the responsibility.
The majority of the cost of housing, in those places where people want to live, is the value of the government issued permit to build housing.
It is thus the government that has the power: the power to lower the cost of housing by issuing more permits.