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Wednesday, November 19, 2014

Enough public owned land for 2 millions homes

The UK state is sitting on enough land to build 2 million homes according to a new Savill's study.

Savill's claim that central government own enough land to build 600,000 homes, whilst the Greater London Authority could squees another 100,000 homes, local councils have enough land between them to get on with 1 million homes, whilst the NHS own land for another 300,000.

However, the Treasury has been resistant to sell off trenches of land owned by the defence or health departments, presumably seeing slow release as more financially adept.

Meanwhile the housing crisis deepens... 

Read more comment on the States land bank of 2 million homes in the Financial Times

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