Thursday 6 September 2012

British Property Federation welcomes Govt plans | ITV News

British Property Federation welcomes Govt plans | ITV News

Liz Peace, chief executive of the British Property Federation, said: “Taken together these measures will certainly provide a shot in the arm for house building. However, they will only solve housing issues if accompanied by a significant package of other measures.
“House builders are not on strike; they are simply not building because there are few people in a position to buy, or seeking to move. We are therefore pleased to see support to access home ownership and measures to encourage renting are also seen as important parts of this package.
"Simply building homes for non-existent buyers has been tried before, in Spain and Ireland, with disastrous consequence."

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