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John Prescott, during the last Labour government, had a mad plan, called the Pathfinder Initiative, to tear down 400,000 homes, mostly Victorian and Edwardian terraced houses, in the north of England. Prescott claimed, on no evidence, that house prices there were too low because of an oversupply of stock. Mercifully, Prescott didn’t have the brains or focus to complete the plan, but he still managed to spend £2.2 billion of public money and bulldoze thirty thousand houses before he was stopped. So at precisely the time that one part of the government was talking about the need to build hundreds of thousands of new homes, another part of the same government was trying to tear down as many of them as it could. You simply can’t get madder than that. Nowhere were Prescott’s demented ambitions more keenly pursued than on Merseyside where 4,500 houses, nearly all comfortably lived in and doing no harm, were
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