The Chancellor Rachel Reeves’ spending review has promised significant funding for social housing and transport infrastructure.
Daniel Austin comments in The Times on the government’s spending review
ASK's CEO and Co-founder, Daniel Austin commented:
“The Chancellor’s commitment of £39bn to affordable and social housing is a long-overdue but hugely welcome intervention. This funding, if deployed effectively, could mark a turning point in tackling the UK’s deep-rooted housing crisis. Crucially, investment must now be matched by urgent planning reform, proper resourcing of local authorities, and meaningful support for SME housebuilders." “Labour’s target of 300,000 homes a year has been pledged before but never met. To succeed, this government must take bold, pro-growth steps, freeing up brownfield sites, embracing technology in planning, and ensuring lenders support a broader range of borrowers. Significant investment in transport networks will encourage developers to build near new transport hubs, while more social housing will take pressure off the private rented sector and help balance out prices."
Related posts
In the press
Daniel Austin takes the pen in City AM’s Notebook
Daniel Austin features in City AM’s Notebook discussing London’s evolving prime residential market, alongside a few other things shaping his perspective beyond the day job.
In the press
Daniel Austin comments on the ease in inflation in FT Adviser
A welcome easing in inflation this month, but the property market remains cautious about what comes next.
In the press
Belinda Inocco comments in The Times on the scale of the female wealth transfer
Belinda Inocco featured in The Times, published as a Letter to the Editor discussing the scale of the female wealth transfer and, more importantly, how the industry is still catching up.
