Emma Reynolds MP, Labour’s Shadow Housing Minister, responding to David Cameron’s announcement on housing, said:

“The Tories’ plan is failing working people. Warm words from David Cameron about home ownership will ring hollow for those young people and families who have been priced out of home ownership over the past five years.

“This Government has presided over the lowest levels of house building in peacetime since the 1920s and home ownership is at its lowest level for 30 years. There is also a record number of young people living at home with their parents in to their twenties and thirties.

“Labour’s Better Plan will ensure Britain builds the homes working people need. Labour will get at least 200,000 homes built a year by 2020, including badly needed affordable homes, and we will give first-time buyers first call on homes built in local areas of housing growth. Labour is also pledging to give private renters a fairer deal. A Labour Government will introduce three year stable tenancies, put a ceiling on rent rises over the course of the contracts, and ban letting agent fees on tenants.

“We are in favour of building starter homes but it is not clear how the government is going to deliver these homes 20 per cent cheaper than market price.”

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