Government Homes Target Not Based On "Robust Analysis"

The Government’s target of one million new homes by 2020 is not based on a “robust analysis”  a key Lords Committee has found. To address the current housing crisis at least 300,000 new homes are needed annually over the foreseeable future says the select committee on economic affairs. The resulting report warns that that one million homes by 2020 will not be enough. To hit target, the committee says the government must recognise the inability of the private sector – as currently incentivised – to build the number of homes needed. Download the report from the Parliament website.