Emma Reynolds MP, Labour’s Shadow Housing Minister, responding to Robert Chote’s comments at the Treasury Select Committee, said: 

“Robert Chote is right that rising demand for housing is not being matched by rising supply. 

"Under this government, house building has fallen to its lowest level in peacetime since the 1920s. The Government’s failure to tackle the housing shortage means the cost of housing is rising beyond the reach of low-to-middle-income earners. 

"You can’t deal with the cost-of-living crisis without building more homes. That’s why Labour has committed to getting at least 200,000 homes built a year by 2020.”