This report adds to the mounting evidence of a housing crisis that Tory Ministers are failing to fix – Healey
John Healey MP, Labour’s Shadow Housing Secretary, responding to the IFS report revealing that even the cheapest local homes are out of reach for at least 40% of young adults , said:
“This report adds to the mounting evidence of a housing crisis that Tory Ministers are failing to fix.
“During the last eight years, Ministers have slashed spending on new affordable housing and outsourced building the new homes the country needs to big developers, so there are now one million fewer under 45s who own their home than in 2010.
“If the Conservatives are serious about fixing the housing crisis they should back Labour’s plans to build a million genuinely affordable homes, including the biggest council housebuilding programme for over 30 years.”