Housing Strategy Attacked

The government’s current housing strategy will fail to address the undersupply of new homes, according to a report from a property services firm. DTZ says that proposed planning reforms and the release of public land ‘do not address the fundamental issue constraining growth in housing supply’ and has called for the introduction of a new model of housing finance. The report – ‘Pulling up the ladder 2’ – has earmarked major financial institutions to plug the funding gap by investing long-term in new build rental homes, adding that the government must act as a ‘market maker’ to encourage this investment. Download a copy of the report from the DTZ website.