young people in Britain don't know whether to spend or save

It is better for the economy if they spend, but if they spend, they can't save for a deposit on the beanstalk growing house market.

If they spend, where do they live, how do they start a family. Either way they cannot grow the economy. Unless there's radical change to the housing supply.

But blue #Labour doesn't know what to do. They don't seem to realise that there's a big and ballooning problem.

The solution is Council Housing. A lot of council housing, but not too much. The aim is to stop house price inflation, perhaps even bring it down slightly and this is done by giving young people a real choice. Permanent rent where they can be settled, secure and bring up their children OR take out a mortgage if they prefer this option.

The 'market' can take care of the mortgage option. But the overall housing market needs government input to stabilise it, and this comes in the form of building council housing...

Real #Labour taking Keynes to the market.

(note when I mention the term 'blue Labour', I am not referring to some form of blue collar Labour, I am referring to Starmer's Tory Labour. Blue labour that, like the Tories it slavishly follows, is failing at every move.