Home ownership increasingly unaffordable for many low to middle income families - Emma Reynolds

Emma Reynolds MP, Labour’s Shadow Housing Minister, responding to RICS UK Residential Market Survey, said:

“It is welcome that we are seeing a recovery in house sales but it is clear that home ownership is increasingly unaffordable for many low to middle income families and this government has failed to take the action needed to tackle the cause - a massive housing shortage.

“Under this Government house building has fallen to its lowest levels in peacetime since the 1920s.

“Labour is clear that you can’t deal with the cost-of-living crisis without building more homes. That’s why Labour has committed to getting 200,000 homes a year built by 2020.”