Monday, 5 September 2016

Councils Are Granting Enough Planning Permissions – So Why Aren't We Building Housing?

One of the housing objectives of David Cameron’s government was to increase the amount of land that was permissioned for residential development. The number of units given planning permission in England increased from 176,209 in 2011 to 261,644 in 2015. The planning system is now yielding enough permissions to meet the roughly 250,000 new homes many housing economists think we need to keep up with household growth. This doesn’t mean that they are all in a position to be built out the very next day. But the number of plots approved for residential development in a given year has increased, by 48 per cent between 2011 and 2015. However, starts have risen over the same period by just 26 per cent, from 110,820 in 2011 to only 139,680 in 2015. Read more on the City Metric website.

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