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Developments could ease housing crisis by creating nearly 500,000 homes, says Policy Exchange report
The government has been urged to build more than a dozen new towns on the edge of London to solve the capital’s housing crisis.
Think-tank the Policy Exchange said in a new report the government should collaborate with the Greater London Authority and build a total of 450,000 homes in 15 new “millennial towns”, accommodating 30,000 new homes each, along five growth corridors which spread out from the capital.
Of the corridors two – the Thames Gateway extending eastwards and the London-Stansted-Cambridge development corridor – have already been recognised by the government as having national importance.
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