UK Government Set to Miss Housing Targets by 33,000, Says Committee of MPsPrime Minister Rishi Sunak’s government is set to miss its national housebuilding target by 33,000 homes, according to a committee of MPs that said the national housing crisis showed no signs of easing.
The Department for Levelling Up, Housing, and Communities (DLUHC) will deliver 157,000 new homes this year against its forecast of up to 180,000, says the MPs’ report.
The committee said the DLUHC did not appear to "grasp" the fact that construction costs, inflation, and labour shortages could mean even the 157,000 figure might not be reached.
The Public Accounts Committee said insufficient numbers of homes for subsidised, or social rent, were being constructed....
Source: UK Government Set to Miss Housing Targets by 33,000, Says Committee of MPs (https://www.theepochtimes.com/uk-government-set-to-miss-housing-targets-by-33000-says-committee-of-mps_4906628.html)