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Housing Report Critical Of Government 'short Termism'

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Successive governments have failed to produce a coherent long-term strategy for housing, the Royal Institution of Chartered Surveyors has said.

In a report, the Rics housing commission said some of the coalition's policies were providing short-term help for the house-building industry.

But it argued that ministers' lack of consistency over the past 50 years has exacerbated the failures of the market.

The government said it was cleaning up the mess left by its predecessor.

But Labour's Jack Dromey said the coalition had failed to prevent the "biggest housing crisis in a generation".

The Rics study concluded that the housing market has not delivered enough homes at affordable prices.

It welcomed the government's Help to Buy scheme - which lends people up to 20% of the value of a new-build home - but called for further action to increase the supply of properties.

Clearly the solution to that problem is a govt subsidy....

Politicians accused of short-termism, considering it will always be someone else's problem they clearly don't understand politics.

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  • 239 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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