In the run up to the election, the Labour Party has addressed the most critical problem facing the ‘lost generation’, i.e. Britain’s young cohorts. Milliband has reaffirmed that they should have a right to be able to afford their own homes and live independently of debt and other worries associated with spiralling house prices. The housing market is a major contributor to individuals’ welfare and businesses’ viability. Housing starts, home loan agreements, mortgage lending and the like assist us in assessing many important economic trends.