Thursday, 19 March 2015

WE NEED A BETTER PLAN TO TACKLE THE HOUSING CRISIS.

LABOUR WILL RECAPTURE THE SPIRIT OF POST WAR HOUSE BUILDING

The next Labour Government will make tackling the housing crisis a national priority – recapturing the spirit of post war house building.

David Cameron’s housing plan has failed. Over the past five years, David Cameron has presided over the lowest levels of house building in peace time since the 1920s.

Britain needs a better plan because we can’t afford another five years of gimmicks and half- baked schemes which has left a record number of young people still living at home with their parents in their twenties and thirties because they can’t afford to get on the housing ladder.

New figures out this week confirm things are set to get worse under this failed plan. Home ownership levels will fall to their lowest levels for 40 years with more than two in five people expected to rent. Only one in five people under the age of 35 will own their own home, half as many as in 2010.

Labour has a better plan for working people, which will get 200,000 homes built a year by 2020.

We will make tackling the housing crisis a national priority but give local communities stronger powers to build the homes they need in the places people want to live. Labour’s plan will be better for first time buyers too giving them priority access rights in new ‘Housing Growth Areas’.

The time has come for Labour’s better plan and a better future for young people and their families.