PRIME MINISTER SAYS THE HOUSING MARKET NEEDS TO WORK FOR EVERYONE

  • Prime Minister, Theresa May has "vowed to make sure the housing market works for all", at the Conservative Party Conference in Birmingham

    The PM said this at the close of the conference, according to 24 Housing:

    "It is not right that the housing market continues to fail working class people.

    "The market needs to work for working people. That is what the government can do."

    She also said the 'Right to Buy and Help to Buy Schemes" were crucial in achieving the goal of building more houses and buttressed a point on innovation thus:

    "We need to embrace technology to build more houses in different ways."

    The chief executive of the Independent Joseph Rowntree Foundation (JRF), Julia Unwin, said this in response to May:

    "13.5 million people live in poverty in the UK, so change is badly needed and it is now time to come good on the promise to make the country work for everyone.

    "The Prime Minister was right to put affordable housing at the heart of her speech. For too long, the housing market has led to sky-high costs and insecurity for people on low incomes, trapping them in poverty. For many, buying is simply not an option.

    "We must use the Autumn Statement to get Britain building the affordable homes we desperately need. Embracing Living Rents and investing an extra £1 billion a year could build 80,000 genuinely affordable homes to rent and buy in England..."

    What do you think?

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