Sunak’s housing pledge amid economic warnings
25 July 2023
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Len Shackleton writes for ConservativeHome
25 July 2023
Housing and Planning
Julian Jessop quoted in Asian Lite
IEA Economics Fellow Julian Jessop has been quoted in an Asian Lite piece exploring the feasibility of Sunak’s housing pledge amidst economic turmoil.
Asian Lite quoted:
“However, analysts from the right-leaning think tank the Institute for Economic Affairs (IEA) have warned that already downbeat predictions on the housebuilding share of GDP by the Office for Budget Responsibility ‘may not be pessimistic enough’ and predicted shortfall could extinguish blossoming growth.
“Julian Jessop, a fellow at the IEA, said only 37,750 builds were started in England in Q1 of 2023 and ‘a fall in output will have huge implications for UK plc.’”
You can read the full article here.
Asian Lite quoted:
“However, analysts from the right-leaning think tank the Institute for Economic Affairs (IEA) have warned that already downbeat predictions on the housebuilding share of GDP by the Office for Budget Responsibility ‘may not be pessimistic enough’ and predicted shortfall could extinguish blossoming growth.
“Julian Jessop, a fellow at the IEA, said only 37,750 builds were started in England in Q1 of 2023 and ‘a fall in output will have huge implications for UK plc.’”
You can read the full article here.
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