Submitted on Wednesday 22nd July 2015
Published on Friday 24th July 2015
Current status: Closed
Closed: Sunday 24th January 2016
Signatures: 22
Tagged with
Britain ~ England ~ General Election ~ housing crisis ~ UK
Create Quantative Easing - Resolve the increasing epidemic of affordable housing
It's no secret that there is a severe shortage of affordable housing in Britain, within both the rental and sales sectors. This has created unprecedented levels of rising rents, induced poverty, and homelessness. The strain this imposes on the welfare budget is immense, and feeds private landlords.
The majority of parties pledged to address Britain's housing crisis by building more homes during the run up to the General Election
The July 2015 UK Economic Outlook by PWC suggests a substantial increase in Generation Rent and housing supply shortages to persist for at least the next decade - http://tinyurl.com/o43ptgs
1.8 million households in England alone are still waiting for a social home
The crisis in London is so critical that a London Housing Commission has been launched
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