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Hammond is conning the public on housing

by Steve Beasant on 22 November, 2017

There are millions of people in desperate need of a home or paying extortionate rents who will not see any improvement to their living conditions.

The following article was written by Liberal Democrat Spokesperson for Communities and Local Government Wera Hobhouse and published today on the Liberal Democrat Website

A housing estate under construction.

Far from the £15 billion promised by the Chancellor, the real figure for housing is closer to a much reduced £6 billion over the next 5 years.

Hammond is conning the public on housing. The truth is these plans are not nearly radical enough to fix the housing crisis.

There are millions of people in desperate need of a home or paying extortionate rents who will not see any improvement to their living conditions.

The so-called new investment in house-building is a con, the small print shows there is just £6 billion extra for increasing housing supply rather than the £50 billion that Sajid Javid said he wanted. It falls far short of what is needed to increase supply to 300,000 homes a year.

There was virtually no support at all for building new homes for social rent and by failing to remove the borrowing cap for local councils, the Government is stopping much needed affordable homes from being built.

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