Monday, 23 November 2015

Right-To-Buy Policy ‘Will Cut New-Build Social Housing’

The controversial extension of “right to buy” to housing association tenants is set to trigger a 10 per cent fall in public home building this year, construction industry experts have warned. The forecasts from the Construction Products Association intensify the spotlight on a policy that critics say will discourage home-building and exacerbate the nation’s acute housing shortage. The CPA predicts that the uncertainty caused by the policy will see public housing starts fall 10 per cent to 27,057 this year, after the Budget caused a hiatus in building work, as well as a further 5 per cent fall next year. Read more on the Independent website.

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