15 Dec

Public sector urged to plug building gap

Public sector urged to plug building gap

The public sector should help plug the gap in the building of new homes to help more first-time buyers get on the housing ladder, it has been argued.

Speaking after the launch of a guide to accommodation for young people, housing policy adviser at the Trades Union Congress Paul Sellers noted that the private rental sector has become "very crowded" as less people have bought homes in recent months.

However, he said, the longer-term prospects of getting more people on the ladder will be aided by more housebuilding, with the public sector needing to "step up" its contribution to close the gap between government targets and the number of homes actually being constructed.

He added: "The private sector will recover in the long term and if pushed they will deliver more houses but the public sector needs to do the same as well."

Recent evidence has suggested that the demand for new homes is on the rise.

This includes the findings of the most recent monthly survey by the Royal Institution of Chartered Surveyors, which revealed that new buyer enquiries have now risen in each of the last seven months.

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