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The Smart Comment - The election result

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David Bexon, Managing Director of smartnewhomes.com, comments on the election result:

“With nine housing ministers in the last 13 years, it is fair to say that government has not recognised the importance of the housebuilding industry in recent times. The sector needs leadership from politicians to stave off a housing crisis, but the uncertainty surrounding today’s result will not fill the industry with confidence.

“While the exact makeup of the government hangs in the balance, developers will continue to hope for the best-case scenario: the appointment of a decisive minister who will be committed to making progress on what is a key national issue. However, with housing largely treated as a sideshow in all three major manifestoes, many housebuilders are concerned that housing policy will prove to be a sacrificial lamb in a round of short-term political dealmaking.”

See Also:   (371), (6711), (2), (19)

Date Published: 07 May 2010

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