New research shows need for more affordable homes
CIH chief executive, Terrie Alafat, says new research on the decline in home ownership by the Resolution Foundation shows the government must commit to building more homes people can afford.
CIH chief executive Terrie Alafat CBE said: “The research by the Resolution Foundation highlights yet again that the UK is in the depths of a housing crisis.
“The failure to build enough new homes is at the heart of this crisis. We need 200,000 new homes to meet new need and closer to 250,000 to meet the backlog – we are currently nowhere near this level of building.
“We support the government’s ambition to build one million new homes by 2020 but its focus must now turn to providing homes offered for both ownership and rent that people can afford.”