As the Treasury prepares to announce deep spending cuts across government, Shelter is warning that £610 million of
funding for new homes this year is at risk.
Campbell Robb, (remember Campbell? formerly of NCVO, then the Cabinet Office …. the chaps done well for himself) …. I digress…. Chief Executive of Shelter, said: ‘On top of the 1.8 million households on waiting lists and the million children in overcrowding who desperately need new homes, this research also shows how crucial house building is to our economy, providing vital jobs and economic growth.
One of the many risks is that a reduction in house building will ensure that the price of existing stock continues to rise.. resulting in the return of the old cycle……
NO! I did not say Boom and Bust (you really are too pushy)….; but I will concede Boom.
