Housing proposals fail to address the need for Green belt reform
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“There are some encouraging signs of intention to promote housebuilding and roll back red tape, but the reforms proposed really only tinker at the edges.
“Our broken housing market is down to a lack of supply resulting from restrictive planning laws that keep costs sky-high and prevent the necessary number of homes being built. So in promising to maintain protection of the Green belt, these proposals fall at the first hurdle.
“While it’s fair to scrutinise privileges granted to developers to ensure they are creating the best incentives, scapegoating them rather than the broken system itself suggests a failure of the Government to grasp the root problem of the housing crisis.
“There are huge potential gains to be made from real planning liberalisation – lower housing costs, a better functioning labour market and higher productivity. The sentiment to make it easier to build houses is in the right place. Unfortunately, the substantial change to policy that is so desperately needed to build more homes seems absent.”
For media enquiries please contact Nerissa Chesterfield, Communications Officer:[email protected] or 07791 390 268.
To read the IEA Housing briefing published in March 2016, click here.
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Further IEA Reading: The Housing Crisis: A Briefing