Expected dip in new homes figure
NEW research suggests that the number of new houses which are built in the south west during the next two decades will drop by 115,000.
The Home Builders' Federation says this is due to the scrapping by the Coalition Government of a planning blueprint called the Regional Spatial Strategy. It claims the shortfall is costing 30,000 jobs.
Stewart Baseley, executive chairman at HBF, said: "The south west is suffering from a serious under supply of housing. It is crucial that more homes are built, particularly for younger families and first-time buyers.
"Local authorities in the area have reduced their housing targets by a fifth and it's important that they recognise the responsibility they have to communities in their region."
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