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Hang on. "A £12bn affordable homes programme that will support up to 180,000 new affordable homes for ownership and rent over the next 8 years, confirmed today." Urm... that& #39;s not doing more - that& #39;s a cut!
That money had been announced for 5 year.. extending it means it& #39;s been reduced by more than a third
This is the Budget back in March - a five-year programme of £12.2bn
And today it& #39;s just gone to 8 years - the same money made to last longer. Build, build, build? Urm.. but less and later apparently
That means we& #39;ve gone from £2.4bn a year for affordable homes to just £1.5bn a year. Just when we need to do more, we& #39;re going to do less? And it& #39;s announced literally from a lectern that says & #39;Build, build, build& #39;? Come on!
And this one the very day Savills have made clear just how much trouble the construction sector is in with over 300k homes at risk https://www.telegraph.co.uk/property/uk/coronavirus-chaos-means-britain-could-lose-318000-new-homes/">https://www.telegraph.co.uk/property/...
