House building and planning reforms
g15 response to the Government's house building and planning
reforms
Commenting on the publication of the
Government’s updated Housing initiatives, Brendan Sarsfield deputy
Chair of the g15 group of London’s largest housing associations
said:
“The g15 welcomes the Government’s commitment
to boost house building, and some of the measures announced today
will help. We are in the middle of a serious housing crisis which
is particularly pronounced in London. The huge lack of affordable
housing threatens economic growth as workers are priced out of much
of the Capital as prices and rent rise.
Good quality affordable housing is critical
for London’s growth. Some of the proposed actions may move
investment away from affordable housing to the private rented
market. Any measure that reduces funding for such housing will put
this at risk and potentially cost the Treasury more as an increased
number of people will seek help through the benefits system to pay
for expensive rental properties.
Affordable housing targets set by Boris
Johnson and the Government could also be put in jeopardy.”