John Healey MP, Labour’s Shadow Secretary of State for Housing, responding to ONS data showing a sharp increase in house price per square metre since 2010, said:
“Britain’s housing crisis is a housing costs crisis for many people, as this report confirms. With the cost of buying and renting racing ahead of income rises, millions of younger people feel locked out of the housing market.
“Yet fewer new homes have been built under this Tory-led government since 2010 than with any peacetime government since the 1920s. These new official figures are yet another indictment of failing housing policy and a failing housing market. “Even Theresa May admits seven years of Conservative failure on housing was a big part of why her Party did so badly in the Election, yet she has no plan to fix the housing crisis.
“People whose lives are blighted by Britain’s broken housing market rightly expect Government to act but it’s only Labour’s long-term plan for a consumer rights revolution for renters, new discount homes for first time buyers and the big-scale building programme of genuinely affordable homes to rent and buy that will tackle the country’s housing crisis.”
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