First, the positives. I welcome the focus on more housebuilding and the recognition that housing associations have an important role to play in this.
I also like that the Government has realised home ownership is not the be all and end all. Whilst it’s the aspiration of many to become a home owner of course, there are a growing number of people who don’t want or are not able to buy; it’s just the lack of good quality homes for rent that has been the problem.
This will give housing associations flexibility to build new affordable homes, including for rent, and hopefully this will now happen more quickly.
It concerns me that however good intentioned, building more homes will not solve everything. There are over 100,000 people in the UK who are homeless or in temporary accommodation and unfortunately they are unlikely to ever see Sajid Javid’s 240,000 new homes.
So, all in all, a bit of a mixed bag. I think everyone agrees that the housing market is broken; the key now is to put actions into words. For too long we have talked about the problem and what could be done to fix it, now we all need to work together to ensure it is never broken again.