Responding to the ONS house price data in November, Sam Richards CEO of pro-growth campaign group Britain Remade, said:
“Even with house prices dipping slightly in London, millions of people are still being mercilessly priced out of decent housing, condemned to sky-high rents or crippling mortgages. A small fall in headline prices doesn’t change the reality in the capital: London remains wildly unaffordable. The only way to fix this is to get London building again, especially in the best connected parts of the city.
“Across the UK, house prices are rising again and rents are up, proof that there is no end in sight for Britain’s housing shortage. This government was elected on a promise to deliver growth and build 1.5 million homes by the next election, but they are bungling delivery. Their planning reforms sound bold, but the test is whether they hold their nerve and deliver.
“If ministers back down, they’ll condemn another generation to housing hell through sheer political failure.”
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