Introduction
The Labour Party, in government for the first time in 14 years, is determined to change British politics. One of their major plans for the country is housing reform. All eyes are on the Labour government to see how they plan on dealing with the ongoing housing crisis. So, let’s discuss their plans.
What are the current issues they have to deal with?
Rising Costs:
In recent years, rising house prices, record-high mortgage costs, and tax changes have cut landlords’ returns.
Rental Housing Supply: Additionally, there has been a major disproportion in rental supply and demand, resulting in rising, unsustainable