Thursday 16 April 2015

"Tory housing minister Brandon Lewis said..."

From The Daily Express*:

"Thanks to our long-term economic plan, house building in England is at its highest level since 2007.

"Our schemes are helping hundreds of families every month to buy their own home and we will go further by allowing new homes to be built specifically for young first-time buyers.

"Our Government-backed schemes will help a million more people become homeowners in the next Parliament.

"Our long-term economic plan is getting Britain building again and is helping people achieve their dreams of home ownership – the biggest threat to this is Ed Miliband in government."

The English Housing Survey said:

25 to 34 age group
Owner-occupiers - 47%
Private renters - 36%

25 to 24 age group
Owner-occupiers - 36%
Private renters - 48%

To me that looks like a catastrophic fall in owner-occupation rates with a corresponding catastrophic increase in private renting. Clearly Mr Lewis knows something we don't. (The fact that the rot set in under New Labour is neither here nor there).

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