Speaking yesterday, Cameron warned that the country faces a housing crisis dramatically worsened by the 'not-in-my-back-yard' mentality.
He said: 'The failure to provide an adequate number of new homes in Britain has contributed to the affordability problem. This situation is bananas.
'I say it's bananas because one of the problems we've faced is a system that encourages people to believe we should 'build absolutely nothing anywhere near anyone',' he added.
The move represents yet another dramatic U-turn for the Conservative Party, which has traditionally associated itself with conservationists and countryside campaigners.
Cameron continued: 'Our goal is a Britain in which there are more beautiful, affordable, eco-friendly homes. And I passionately believe that everyone should have the right to own their own home.'
He went on to call for a complete overhaul of the English planning system, saying: 'We would also tackle the disparity between the demand for new houses and the supply, and review the whole planning system to ensure that local people are more directly involved in shaping the future of their communities.
'Home ownership is a matter of social justice. We want to bring down the barriers to getting on the housing ladder, to share prosperity and to give families the scope to fulfil their aspirations of having a place of their own,' he added.