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Steve Reed, the newly appointed Housing Secretary, has expressed the government’s firm commitment to constructing 1.5 million new homes in England by 2029, stating unequivocally that “it’s what we’re going to do.” Taking over the housing portfolio from Angela Rayner in a recent reshuffle, Reed highlighted the urgency of addressing the housing “crisis” through increased construction efforts. He also hinted at potential sanctions for developers who impede progress, although the specifics of such measures remain unclear.
Acknowledging the monumental hurdles ahead, industry leaders have cautioned that achieving the government’s ambitious target will be no small feat, with mounting pressures facing housebuilders. The Conservatives have wasted no time casting doubt on Labour’s ability to deliver on their housing promises, denouncing their ambitious pledges as unrealistic. Shadow housing secretary James Cleverly criticized Labour’s track record on housing, attributing the decline in new home construction to anti-business and anti-growth policies.
Despite skepticism from political opponents, Reed remains resolute in his determination to deliver on the promise of 1.5 million new homes. Emphasizing the importance of collaboration with developers and builders, Reed aims to streamline the planning process and remove obstacles hindering construction. Anticipating an “acceleration package” to expedite planning approvals and spur construction activity, Reed warned of potential sanctions for developers failing to meet the pace and scale required.
As the government grapples with the complex challenges of the housing sector, concerns over rising regulatory costs and delays in processing planning applications loom large. Garry Dixon, a construction company owner, highlighted the significant impact of escalating costs on the industry, pointing to the need for increased investment in training and apprenticeships. Reed’s strategic approach to addressing these issues will be closely watched as the government navigates the intricacies of housing policy in the coming years
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