10:51 AM, 31st December 2021, About 2 years ago 7
Writing in Conservativehome a former Conservative parish councillor, Sam Clark, argues for a more interventionist approach to the housing crisis by restricting BTL rather than encouraging large scale new developments.
His fear is that Tory voters will perceive the government as wanting to concrete over their areas, and a vote for them will end up with a block of flats at the end of your garden. Click here to read the full article and comments.
Mr Clark wrote: “We are repeatedly told that what the country needs is more housing. In Epping Forest’s local plan, it is expected 11,400 houses will be needed over the next decade. The logic presumably being that more houses will bring down the cost for first-time buyers trying to get on the property ladder.
“It doesn’t quite work like that though does it? It is easier to buy a property if you already own a property.
“Real reform of the housing market is needed. It won’t happen, but I would argue a Conservative Government should restrict the purchase of properties for the Buy to Let market. This would be transformative, allowing the UK to once again become a home-owning democracy. It would help young people who find themselves in a vicious cycle of renting and who are unable to save up for a deposit.”
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