Another example of fake news –
Over the next 20 years, to keep pace with increasing housing need we need around 240,000 new homes to be built in England each year, plus another 60,000 a year to address the existing backlog of housing need caused by past under-provision, yet we are delivering barely more than a third of this. Between 1997 and 2007, the boom years, we delivered on average just 148,000 new homes each year – in no year did it come close to 200,000 – and in the latest year we built just 112,000.1 That means we need to deliver upwards of a million more homes over the next decade than recent delivery rates have achieved, in order to meet the needs of the next generation.
Garden Villages Empowering localism to solve the housing crisis, Lord Matthew Taylor.
IF Lord Taylor had checked his facts he would have realised that these figures are total rubbish!
The average number of new homes built between 2001-02 and 2015-16 was 169,000 in England, roughly equal to the number of new households. In other words a market in balance.
We do not need 200,000 a year let alone 240,000 or 300,000!