Homebuyers could need an average deposit of £72,000 to
buy a typical home if the Conservatives get five more years, the shadow housing
minister warns. Labour's Emma Reynolds said in a speech in
Nottingham that it will become even more difficult for people struggling to
afford a home if David Cameron and George Osborne remain in charge of housing
policy. Not enough new housing is being built, she said, with Britain
likely to have a shortfall of 1.3 million homes by 2020 under the current
trajectory – the size of three cities as big as Birmingham. Reynolds warned that those who do not yet own a home will find buying somewhere even more
unaffordable if today's trends continue. Read more on the Guardian website.
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