David Bexon, Managing Director of smartnewhomes.com, comments on the formation of a new government:
“I think the whole country has breathed a sigh of relief that days of party political wrangling have finally resulted in a deal, and housebuilders will certainly welcome an end to the uncertainty.
“Clearly, the incoming government has to cut spending, but it would be a disaster if the axe were to fall on housing. With nearly five million people on housing waiting lists and 1.6 million children living in overcrowded, temporary or run-down housing, any cuts to, say, HomeBuy Direct or social housing provision will only make what is already a very bad situation an awful lot worse.
“If we want to see a balanced property market that avoids previous patterns of boom and bust, then we need government to address the root cause of the problem - a planning system that at present actively prevents developers from meeting consumer demand for property.”
See Also: Property News (6711), Press Releases (371), General Election (2), The Smart Comment (19)
Date Published: 12 May 2010
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