This housing crisis must end, for this generation and next
With a general election just a stone’s throw away, house prices are soaring ever further out of reach of families in Birmingham and thousands of people are left stranded on affordable waiting lists. This is why politicians must act now to end to the housing crisis within a generation.
Across the city, people are struggling to find the homes they need at a price they can afford. This is because of a shortage of housing, pent up over decades of too little house building. With supply low and demand high, prices will only continue to move in one direction: up.
It’s a real problem for the people of Birmingham. Last year, the West Midlands didn’t even build a third of the affordable homes needed; just 1,790 of the 7,000 homes we need each year. By 2020, tens of thousands of local families will be without somewhere to live. We must get the West Midlands building and tackle the huge shortage of homes.
Building more homes and building more affordable homes is vital for Birmingham. Especially when we know that it’s about so much more than putting roofs over heads. As if we needed any more reason to build these desperately needed homes, today’s findings show the significant economic boost building the right housing in an areas provides.
Building the number of homes that Birmingham need would mean a whopping £95 million cash injection into the local economy. By creating jobs in newly boosted businesses and sustaining existing jobs, the number crunchers predict that new homes would support over 2,000 jobs in Birmingham and Solihull, which would doubtless be welcomed by all those families struggling to make ends meet.
That’s why the Homes for Britain campaign ask that politicians commit to ending the housing crisis within a generation. The campaign has seen the entire housing sector has come together to call on the next government to develop a long term plan setting out how they will do this. But this will only work if the public join our call and also urge politicians to take action. We need all political parties to act now to end the housing crisis within a generation, for the next generation.
Gemma Duggan, National Housing Federation