Housing shortfall set to hit 1.7 million by 2021

June 1, 2002
<b></b>England needs 215,000 new homes a year to be built for the next 20 years to address the housing shortage in the country. Last year just 130,000 houses were completed in England, a shortfall of 85,000 homes. At this rate the shortfall will be 1.7 million by 2021.<br> These are the findings of a new report by HBF economic advisor and Housebuilder columnist John Stewart. The report, Building a crisis, also finds that for the first time England has fewer houses than households, as years of undersupply have eroded the housing stock. Whilst in 1981 there were 4% more dwellings than households, by 2000 this surplus had fallen to 0.2%. With this trend continuing, nationwide stocks have now fallen below the number of households.<p></p><p>Pierre Williams, spokesman for the House Builders Federation, said: &amp;“These figures now prove that Britain no longer has enough housing to provide every family with a home. Is it any wonder that house prices have spiralled when as a nation we seem unable to provide ourselves with something as fundamental as a roof over our heads?</p><p>&amp;“The stark reality is that a 30-year campaign by the anti-housebuilding lobby coupled with a collapse of public investment in housing has …

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