Sunday 5 June 2011

Surplus public land to be sold to build 100,000 homes - Telegraph

Surplus public land to be sold to build 100,000 homes - Telegraph

Ministers are keen to address a chronic housing shortage which saw the number of new properties built under Labour shrink to the lowest level since the 1920s.

A shortage of new homes, high prices and the reluctance of banks to lend, particularly to first-time buyers, have led to stagnation in the housing market.

Ministers have spent months compiling a database of all publicly-owned land which is surplus to immediate requirements, which is expected to be published on Wednesday.

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