Emma Reynolds MP, Labour’s Shadow Housing Minister, responding to new research by Shelter on first time buyers, said:

“The Tory plan is failing working families. For a whole generation of young people and families the aspiration of buying their own home is becoming a distant dream. A record number of young people are still living at home with their parents in their twenties and thirties because they can’t get on the housing ladder.

“The Tories have failed to tackle the shortage of homes and have presided over the lowest levels of housebuilding in peacetime since the 1920s.

“Labour has a better plan for working families. Labour has set out a comprehensive plan to get Britain building and restore the dream of home ownership for the next generation. Labour will get at least 200,000 homes built a year by 2020 and give first-time buyers first call on homes built in local areas of housing growth.”

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