Housing Shortage 'Requires £1.2 Billion Annual Investment'

Ending England's housing shortage would create 215,000 jobs but require an annual investment of more than £1.2 billion, a trade body has said. The Government has estimated that an additional 232,000 new homes need to be built in England each year, just to keep up with the number of new households that are being created. The Home Builders Federation said if this level of homes was built each year during the coming two decades, it would create more than 216,465 new jobs. Read more on 24dash.