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...“The new NPPF introduces a greater number of measures for local authorities to be able to resist new housing development even when there is a clearly identifiable need,” he said....
...Harris had “offered nothing new in terms of tackling rising homelessness, rising rents or rising house prices”, he added....
...Central government already has grant funding contained within Homes England, the non-departmental public body that funds new affordable housing....
...The New York-based investment group acquired the properties in 2018 for $1.2bn in what was one of first large investments made by the closely followed property fund....
...The way to make housing targets palatable to communities is to give them a say in the design and location of new housing....
...Local authorities received a revenue grant, reducing as rents rose. Housing associations received a capital grant, recovered out of 100 per cent of inflationary surpluses....
...In London in 1981, a third of homes were for social rent, which now accounts for just 17 per cent nationally. Authorities could only meet real need by substantial building or acquisition of housing....
...Chief Executive, New Economics Foundation...
...The scale of the shortfall in new homes and spending had created “tension” between the agency and the Department for Levelling Up, Housing and Communities (DLUHC), it added....
...Data from the Resolution Foundation think-tank showed a lack of new construction and the lagging modernisation of older homes has left the UK with the worst-value housing of any advanced economy....
...The Competition and Markets Authority said that historically the 300,000 target had only been met when councils were providing a “significant supply” of new housing....
...The pace of new home construction in the US fell in March to its lowest level since August 2023, but low inventory of existing homes continued to underpin demand for new builds....
...The following year, The Washington Times reported the first “Colony of Hebrews Sailing for Texas”; many then travelled by train to cities as far-flung as San Antonio and New Orleans....
...Sales of new homes in the UK are picking up as mortgage rates stabilise and the housing market shows early signs of recovery, according to FTSE 250 developer Bellway....
...one country for housing as a channel of monetary policy....
...We need homes that have sufficient space and good design for working, running various kinds of businesses, caring or needing care and for periods of home-based learning and developing new skills and interests...
...Housing associations in England have cut their planned spending on new affordable homes in 2024 in the face of budget pressures, threatening to worsen the UK’s acute shortage of social housing....
...The more cynical view is that, given that the biggest cost of a new building is land, greater concentration of the stuff may mean more scope to control local housing supply and prices....
...But my former neighbours in West Houston can tell you about the consequences of building hundreds of thousands of new homes on natural flood plains “down the bayou” — as they say in these parts....
...Paul Hackett, chief executive of Southern Housing, one of the largest housing associations, said the group had stopped all new development for 2024 and 2025....
...landlords to add a unit of long-term housing for each unit let out on Airbnb....
...The rate of new home construction in the US fell in January to its lowest level since August, while demand for new homes strengthened from a year earlier due to the lack of existing properties for sale....
...A new 3-bed home can be built for less than £100,000 and most of England’s existing housing stock — poorly maintained, and energy-inefficient as it is — is worth far less....
...A mortgage broker suggested he try a new lender called Perenna....
...Susan Orlean is an author and a staff writer for The New Yorker ‘At The Beach’ by Tod Papageorge is published by Stanley/Barker Follow @FTMag on Twitter to find out about our latest stories first...
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