Call for government to increase housing targets
The report by the National Housing and Planning Advice Unit (NHPAU) called on the government to build 270,000 homes a year by 2016, instead of its current target to build 240,000 a year until 2020.
The NHPAU – which was formed in response to Kate Barker’s Housing Green Paper Homes for the Future – claimed that unless action was taken, ‘a whole generation faces being unable to get onto the property ladder.’
The report, called Developing a Target Range for the Supply of New Homes Across England warned that house prices in the South West, South East and East of England could become higher than in London by 2026 if regional assemblies do not adjust their targets.
The current regional spatial strategies are planning for 200,000 new homes a year, but the NHPAU study says this level of building will mean average house prices rising to between 11 and 13 times average annual salaries.
‘Regional planning authorities should consider housing targets beyond those set out in the Government's Green Paper Homes for the Future,’ it concluded.