John Healey MP, Labour’s Shadow Secretary of State for Housing, responding to comments made on housing in the Chancellor’s interview with the Sunday Times, said:
“After seven years in Government, it’s clear the Conservatives have no plan to fix the housing crisis and still can’t see that their policy failures are making the crisis worse.
"More big targets, small changes in funding and yet another review into the housing market fall far short of what is needed.
"The hard truth is that housebuilding is still below the level it was before the global financial crisis and affordable housebuilding has fallen off a cliff, with the lowest number of new social rented homes built last year since records began.
"Rather than more small-scale tinkering, the Chancellor should back Labour’s long-term plan to invest to build the homes we need, help first-time buyers and give private renters the protections they need.”