Business leaders have urged the government to tackle the
housing shortage by expanding the rental sector and creating incentives for
older homeowners to vacate large properties. The CBI set out 10 recommendations
to get more people into suitable housing ahead of the publication of a white
paper by the CLG on tackling the housing crisis. Warning that the status quo is
“clearly unsustainable”, the employers’ lobby group called for a “step change”
in housebuilding, including the creation of more rental homes, if the
government is to meet its ambition of a million new homes by 2020. The UK
population is to increase by 10 million in the next 25 years, leading to an
even greater scramble for homes as the government fails to meet a target of
250,000 properties built a year. Download the report from the CBI website.
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