Dudley MP Ian Austin has called on the government to build new houses to tackle a growing housing crisis in the West Midlands.
Figures recently released by the National Housing Federation show that in the West Midlands house prices remain 9 times the average income, with prices set to rise by another 21 per cent over the next six years. Private rents are also set to rocket by 39 per cent over the same period.
The NHF also revealed that demand for social housing has almost doubled, pushing waiting lists up by 98% in the latest decade.
Austin has called for major investment in new affordable housing to tackle the crisis.
Ian Austin MP said:
“These figures show that there’s a growing crisis in housing, and I’m not sure the government is making the best decisions to tackle it.
“With house building is at its lowest level since the 1920s, property prices have risen out of reach of many families and there’s not enough social housing to meet demand.
“I helped get funds for new homes that have been built on Priory Road, the Wrens Nest and in Gornal, but that’s still not enough for huge demand. It isn't the council’s fault – building houses is expensive and they just don't have the cash. The Government needs to step in and commit to building more houses.”