Labour leadership contender Jeremy Corbyn has proposed a “radical reboot” of housebuilding in the UK, as part of his manifesto, published last week.
His housing policy would give councils the “right and the means” to commission new homes, in a bid to build a minimum of 240,000 each year.
Mr Corbyn said: “Under my ‘Vision for Britain 2020’, Labour will promote major council-funded, desirable energy-efficient building projects to provide our young people with a good start in life, to stop paying exorbitant rents and [have] the opportunity of a home they can at least call their own.
“It has become clear that when housing provision is left purely to market forces, most of our young people simply cannot afford to get a foot on the [first] rung of the market’s so-called housing ladder.
“It also makes economic sense, as today’s housing document outlines.”
He added: “Housing has reached crisis point: families are shunted from council house to B&B to hostel, hundreds of miles away from support networks and denied stability or security; council homes are emptied, regenerated and sold at prices well out of the reach of normal people, causing the social cleansing of our cities.”
Mr Corbyn is running to be the next leader of the Labour Party, after the party’s former leader, Ed Miliband, stepped down.
The current frontrunner is up against three other candidates: Andy Burnham, Liz Kendall and Yvette Cooper.
Voting will begin on 14 August and closes on 10 September, with the results set to be announced on 12 September.
Corbyn housing policy highlights
- Scrap the bedroom tax
- Regulate rents and improve housing conditions in the private sector
- Link private rents to local average earnings
- Introduce the right to longer tenancies for tenants
- License and regulate private landlords to ensure decent housing conditions