Government To Miss 2020 Housing Target By Five Years, Says Watchdog

The Government is likely to miss its 2020 housing target by at least five years, a watchdog has said. A National Audit Office (NAO) report has found the sale of public land is not expected to have released enough space for even half the target number of homes. Instead of 160,000 homes, the Government expects to be able to have space for just 65,000 – 41% of the target – and does not expect to reach the 160,000 target until after 2025. Although the Government has so far failed to find enough land to build the promised homes, the report said, it will still meet a target to raise £5 billion through the sell-off of public land. Read more on the AOL website.

https://www.aol.co.uk/news/2019/05/02/government-to-miss-2020-housing-target-by-five-years-says-watch/?guccounter=1