John Healey MP, Labour’s Shadow Secretary of State for Housing, responding to Resolution Foundation research showing an increase in the number of second home-owners, said:

“While a growing number of people are now second home owners, the prospect of buying a first home remains a distant dream for many young people and families on ordinary incomes. The number of home-owning households rose by a million under Labour but has fallen by almost 200,000 since 2010, with the biggest fall amongst young people and families aged under 45.

"After seven years of failure, Conservative Ministers have no plan to fix the housing crisis. The number of affordable homes to buy and rent has fallen to the lowest level in 24 years as Ministers have cut back housing investment.

“A Labour government will build 100,000 discounted FirstBuy Homes targeted at first-time buyers on ordinary incomes and give councils the power to put local people first in line for new homes built in their area and build 100,000 new council and housing association homes per year by the end of the Parliament, so the housing market works for the many not just the few.”

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