Housing crisis? What housing crisis?


Source: Ewelina Wachala

A recent report’s finding that the UK doesn’t need more housing supply is challenging long-held assumptions

It’s time to forget everything you thought you knew about the UK housing crisis.

In January 2017, then communities secretary Sajid Javid used a foreword to the Housing White Paper to set out in plain English what was wrong with UK housing. “This country doesn’t have enough homes,” he opined, and, in case you were in any doubt, “That’s not a personal opinion … it’s a simple statement of fact.”

He went on to say the failure of housebuilding to keep up with the growth in households had caused soaring prices that had “slammed the door of the housing market in the face of a whole generation.”

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