No Housebuilding Announcement on ‘Housing Day’ shows something being held back for Budget

Guardian – the Avo on Toast Millennials Meme comes from some stupid remarks from an Australian politician.

Held back – probably because May is still dithering about it so Javid had nothing to announce bar a headine grabbing theme.

Jaivi’ds s speech in Bristol came shortly after Theresa May visited a social housing estate in north London, as part of a concerted government push on the issue ahead of next week’s budget.vid had tough words for “baby boomers who have long since paid off their own mortgage” who believed there was no need to build more homes, saying they were “living in a different world”.

Such people argue that “affordability is only a problem for millennials that spend too much on nights out and smashed avocados,” Javid said, adding: “It’s nonsense. They’re not facing up to the reality of modern daily life and have no understanding of the modern market.”

With the average house price now eight times the average income, and the mean age of a first-time buyer hitting 32, vast numbers of people were forced to remain living with their parents, he said.

“Where once it would have taken an average couple three years to save for a deposit it will now take a quarter of a century. Assuming, of course, they can afford to save at all,” Javid said.

“And last year, the average first-time buyer in London needed a deposit of more than £90,000. That’s a lot of avocados.”

The chance of owning a house was now often governed by people’s ability to “make a withdrawal from the bank of mum and dad”, Javid said, risking the creation of a generation that mistrusted politicians and “becomes resentful of capitalism and capitalists”.

There had been speculation Javid would use the speech to announce a housebuilding policy. However, nothing emerged, with the expectation that any new measures are being held back for the budget.

Telegraph

Sajid Javid has laid down a challenge to Philip Hammond, the Chancellor, as he called for a “giant leap” in numbers of new homes being built.

The Communities secretary said the lack of new homes being built was a “big problem and we have to think big” to tackle the crisis.

A major new package for house-building will be at the heart of the Budget next week.

Mr Javid has upped the pressure in recent weeks for Mr Hammond to spend billions of public money on new homes.

His words came as new figures that show 217,000 new homes were built over the past year.

In a rare Tweet, Gavin Barwell, the Prime Minister’s chief of staff and a former housing minister, hailed the figure as “real progress but more to do”.

With exception of  bubble just before the crash, housebuilding now at highest level for a generation. Real progress but more to do

In his speech Mr Javid said far more had to be done and he wanted to see a “government of deeds, not words”.

He said: “The figures that have been released today show that we have started turning things around. But they are only a small step in the right direction.

“What we need now is a giant leap. You wouldn’t know it if you listened to some people.”

Likening the housing crisis to the challenge facing Britain in the Second World War, adding that Britain would rise to the challenge and build more homes.

Mr Javid said: “Faced with the crisis of the Second World War, Churchill demanded ‘action this day’ so the country could rise to the challenge.

“And, faced with an unprecedented housing crisis, that’s what you’re going to get from this government.

“Real action, day after day, week after week, to give this country a housing market that works for everyone.”

Mr Javid set out a multi-pronged policy assault on the housing crisis including allowing the Homes and Communities Agency to make more public land available for new homes.

Private housebuilders will also be required to build homes more quickly while the Government will introduce measures to train up more construction workers.

Developers will also be told to build on land they own – or lose it – in an end to “unjustifiable land banking”.

Mr Javid said: “It’s a time of national shortage and in this kind of time British people will not look kindly on anyone who hoards land and speculates on its value, rather than freeing it up for the homes our children and grandchildren need.”

Theresa May vows to tackle the housing crisis

Baby boomers who havde paid off their own mortgages should not be allowed to get in the way of the construction of homes for a younger generation “crying out for help with housing”.

Mr Javid said: “They don’t want the world handed to them on a plate. They want simple fairness, moral justice, the opportunity to play by the same rules enjoyed by those who came before them.

“Without affordable, secure, safe housing we risk creating a rootless generation, drifting from one short-term tenancy to the next, never staying long enough to play a role in their community.”

The comments come two weeks after Mr Javid called for Mr Hammond to borrow more to pay for more homes.

Mr Javid’s remarks came hours after it Mr Hammond announced new powers to fund house building.

Housing associations will be reclassified as private bodies allowing their £70billion debt to be removed from the government’s balance sheet, the Government said.

Government sources said Mr Hammond, Mrs May and Mr Sajid were agreed on a bid to tackle the housing crisis.

The plans which are set to be unveiled next week in the Budget will be a series of measures to tackle the housing crisis.

Mr Hammond said there was “no silver bullet” to fixing the housing crisis as he appeared to strike a more downbeat tone than Mrs May.

Advertisements

3 thoughts on “No Housebuilding Announcement on ‘Housing Day’ shows something being held back for Budget

  1. Carefully chosen words again. Always making sure that no matter the minister, not one of them will dare to mention the forbidden words, ‘social housing’. So the HCA is going to take all of the currently available cheap land and give it away to the private sector, all in the name of delivering affordable open market housing for the nation.
    Meanwhile, all those in the most desperate need, those who may well aspire, but can never realistically succeed, in owning their own home, if only 80% of it are left to the mercies of the private sector.

  2. The one massive move that would cost the government nothing would be relaxing of planning to allow housing to be built at the edges of all cities, towns and villages.
    30 to 50 houses in each village would yield 1600000 new dwellings! yes 1.6million

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s