Labour’s prom­ise to build homes

Yorkshire Post - Property - - PROPERTY -

LABOUR has pledged to ease the hous­ing short­age by build­ing 200,000 homes a year by 2020 if it wins the next elec­tion.

It plans to ease plan­ning reg­u­la­tions, pe­nalise de­vel­op­ers who hoard land and cre­ate new gar­den towns and cities.

For­mer chair­man of the BBC trust, Sir Michael Lyons, will lead a hous­ing re­view for the party.

His “re­build­ing Bri­tain” com­mis­sion will work with coun­cils to iden­tify sites for po­ten­tial de­vel­op­ment. Other ideas in­clude giv­ing lo­cal au­thor­i­ties a right to ex­pand be­yond their bound­aries and giv­ing coun­cils the abil­ity to pur­chase land from de­vel­op­ers if they don’t use it. Labour say the hous­ing short­age has fu­elled “the cost of liv­ing cri­sis”.

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