Council pension funds could pay for extra 200,000 new homes a year and create thousands of construction jobs, new study shows | Mail Online

Council pension funds could pay for extra 200,000 new homes a year and create thousands of construction jobs, new study shows | Mail Online

Up to 300,000 extra homes could be built to boost the UK's chronic lack of housing, with not a penny extra from Government but funded entirely by local council pension funds.
The UK needs a threefold increase in the number of new homes to end the 'blight' of poor housing, said the report by the Future Homes Commission, set up by the Royal Institute of British Architects (Riba), with currently just 100,000 new homes built annually.
The houses would be built every year on brownfield land close to virtually every city, town and village in a 'housing revolution'.