Labour has gone in hard with a big, bold promise - build 1.5 million homes over the course of this parliament. That means 300,000 homes a year, a target it is already failing to hit. In fact, just this week, Britain’s developers told the Office for Budget Responsibility the end-of-decade building goal will not be met, and its forecast for economic growth from homebuilding is far too optimistic.
On this episode, Helen Gordon, the chief executive of Britain’s largest listed landlord, Grainger, makes the case for Build to Rent and addresses Labour’s attempts to fix this perennial problem: there aren’t enough homes to go around. She tells Hannah and Dom the current model for building affordable housing just doesn’t work, the public sector’s ability to deliver housing has been lost - and the private sector simply cannot fill the void alone.
Guests:
Helen Gordon, Chief Executive of Grainger plc
Melissa York, Assistant Property Editor, The Times and The Sunday Times
Hosts:
Producer: Miriam Hall
Senior Producer: Julia Johnson
Development Editor: Sandra Shmueli
Executive Producer: Kate Ford
Get in touch: thebusiness@thetimes.com
Hosted on Acast. See acast.com/privacy for more information.
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