Ed Miliband lurched further to the Left yesterday with a land grab to extend state control over the property market.
The Labour leader’s ‘Stalinist’ plan to seize unused plots – as well as impose rent controls – shocked experts and investors.
Property analysts said the move would take Britain back to the ‘dark days of the Seventies’.
Mr Miliband wants to bring in ‘use it or lose it’ powers allowing councils to encourage building by putting up taxes on undeveloped land.
Sites still left idle could be compulsorily purchased for use by another developer…