No single measure is going to solve England’s housing crisis
A group effort
The government appears to be gearing up for a fresh round of house building initiatives.
Business secretary Vince Cable met developers this week to discuss the contribution the private sector could make, with some kind of government guarantee scheme high on the agenda.
At the Chartered Institute of Housing conference last week housing minister Grant Shapps stressed the potential for extracting more value from housing association balance sheets. It seems likely policies will follow the model set by the affordable homes programme. For all the talk of ‘silver bullets’ at the conference, however, it was clear no single initiative will produce the homes England needs. Instead the government must design policies that allow builders to deliver.
Social landlords in particular have shown determination to carry on building despite the financial climate. If they are given the right tools, they might deliver a significant chunk of the homes the country needs.