The housing crisis is simple to define: there are not enough affordable homes to go around.
And the beauty of a simple problem is that there is a simple solution to it: build more homes.
The government has pledged to do just that by promising to build 300,000 homes every year by the mid-2020s. But this is where the simplicity ends. Just building homes is not enough, actually, it has to be the right kind of homes. The government, through new housing agency Homes England, centrally funded 42,652 housing starts in 2017-18 – up by four per cent on the previous year.
Good to see affordable housing starts and completions rising. We are ambitious to do more to build the homes Britain needs, and make them more affordable for those on low and middle incomes. pic.twitter.com/HgwvTfECUc
— Dominic Raab (@DominicRaab) June 19, 2018
But the number that were classed as affordable fell by the same margin with 27,905 made compared to 29,130 last year.
It is a similar story for completed homes, with 33,471 delivered through Homes England last year, up from 31,057 12 months previously. But there was better news for completed affordable homes, which made up 77 per cent of the total. The government completed 25,841 homes, representing a 13 per cent rise on the 22,885 affordable homes delivered in 2016-17.