We’ll never solve the housing crisis
Karl Williams has an interesting CAPX piece on the obvious link between mass immigration and a shortage of houses. Interesting because a practical solution is equally obvious and the political party which could at least tackle it won’t tackle it.
If Labour want to alleviate pressures on house prices and rents, they need to get tougher on migration
If migration hits 340,000 per annum – we’ll need to build 1.78m houses over a five-year parliament
Net migration accounted for 94% of England’s housing deficit over the last decade
The best thing about this Government – perhaps the only good thing at all – is the ambition to build 1.5 million homes over the course of this Parliament. Keir Starmer, Rachel Reeves and Angela Rayner could and should increase this target, and lean on Sadiq Khan to get a lot more building in London, where output has been woefully short. But it is a worthy ambition nonetheless.
Unfortunately, relative boldness on planning reform is on a collision course with the distinct lack of élan on display on the immigration front. There were probably sighs of relief in Downing Street this morning when new Office for National Statistics (ONS) data showed that net migration fell by 50% to 431,000 in 2024 (mostly, it must be said, as a result of changes to the immigration rules in the dying days of the previous Conservative government).
We don’t yet have net additional dwellings data for all of 2024, but for the four-year period to March 2024, we know that the housing stock in England increased by around 907,570 homes. That would have been enough to meet domestic pressures. But on top of that, migration generated demand for a further 930,000 units. So immigration accounted for the entirety of the increase in the housing deficit.
Source: https://akhaart.blogspot.com/2025/05/well-never-solve-housing-crisis.html
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