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In the first part, Ed dealt with the housing shortage, the renting crisis and the attack on public housing. Here he deals with home ownership and outlines a socialist  programme.

In the absence of decent rented accommodation, thousands of people look to buy in order to get a roof over their heads. But this is a major problem for people. The Royal Institution of Chartered Surveyors estimates that affordability for first-time buyers has fallen by 351% over the last 10 years. Equally, repossessions were up 20% during 2007, which hit an eight-year high.