Sunday, 23 March 2014

Hollow promises aren’t enough to solve the biggest housing crisis in a generation.

What we heard at the Budget this week was totally out of touch with hardworking people facing a cost of living crisis. David Cameron says the economy is recovering, but for most people, there is no recovery at all.

On housing for example hard working families really needed the Government to take action and build more homes. The growing housing shortage is central to the cost of living crisis but David Cameron has refused to take the action.

We know that the growing housing shortage is central to the cost of living crisis with home ownership sadly out of reach for many ordinary people - however hard they work. Others are struggling with rents that are rising at twice the rate of wage increases, or housing waiting lists that have hit record numbers under this Government.

George Osborne promised to build more homes in this week’s Budget, but those promises will seem hollow after 4 years in which he has done nothing to boost housing supply. Along with David Cameron, he has presided over the lowest levels of house building in peacetime since the 1920s.

Labour is calling for a Help to Build policy to boost housing supply and tackle the cost of living crisis, alongside a reformed Help to Buy scheme.

Dealing with the housing crisis will be a major priority for the next Labour Government and we’re committed to getting 200,000 homes a year built by 2020. This will include building a new generation of new towns and garden cities.

It’s not enough just to make promises on housing - we need action to deliver the new homes Britain needs. People need a recovery for the many, not just a few at the top.