Labour's plan to build 1.5m homes – can it be delivered?

Published On Sep 25, 2024, 8:40 PM

The article discusses the UK government's housing plans, particularly the Labour party's promise to build 1.5 million homes in five years, focusing on Northstowe, a new town in Cambridgeshire. It addresses concerns about the feasibility of these plans due to high interest rates and economic conditions, which affect building activity. The article also points out issues such as land banking by large house developers and highlights the potential need for increased social housing funding. It critiques both past government policies and the reliance on private developers, suggesting various alternatives for expanding affordable housing.