Planning reform is the real solution to the housing crisis, says IoD

Published: 12 March 2012
Source: press.iod.com

The best way to help house-builders and aspirant homeowners is to allow more houses to be built, according to Simon Walker, Director General of the Institute of Directors:

"Real planning reform would kick-start the construction industry and make prices more affordable for young couples looking to own their first home. The Government must ensure that the National Planning Policy Framework is not watered down by the efforts of Nimbys to protect the value of their properties. Subsidising 95 per cent mortgages through the NewBuy Guarantee won’t do any harm, but the best way to help house-builders and aspirant homeowners is to allow more houses to be built."