10
Jul
Report calls for individual approach to city housing
A new report has called on the government to tailor new housing
projects to the needs of individual cities.
The Centre for Cities study suggested that the target of building
three million new homes by 2020 will only be met if the accurate
assessments of local housing markets are made.
For example, it noted that cities such as Cambridge and Bristol
have problems with affordability and supply, while Hull, Sunderland
and others need to widen the range of private housing they
offer.
Dermot Finch, director of the group, stated: "It's not enough to
talk about the big three million target - politicians from both
central and local government need to understand where in Britain's
jigsaw of local economies new houses should be built."
Later this month property experts are due to meet in Somerset to
discuss how to create affordable homes for young people in the
south-west which is the currently the second most expensive area in
the UK outside of London for first-time buyers, according to the
Chartered Institute of Housing.
