Britain’s housing market doesn’t work for Britain. It works for the small number of big developers that dominate it. Every year our population grows by more than we build new homes for - and every year the crisis deepens.
It doesn’t have to be so.
Housing is one of those fundamental things that people need, to live their lives and play their part in our economy. Private companies can’t deliver what we need, their interests conflict with ours. We want plentiful, lower priced homes - they want the opposite.
We can change it - should make them pay for delayed building, tax their land bank. And build homes ourselves, with a national housebuilding program. Starting with Brownfield land where 1.4m homes are possible - half of them already with building permission. The economic benefits will be profound, the impact on the lives of millions of Brits - even more so. Let’s make our housing market work for Britain.