Dudley MP Ian Austin is calling for more funding for housing in Dudley.
Austin stood up in Parliament and called on the government’s Housing Minister to invest more in housing so that hard-working families in places like Dudley could have a decent home of their own.
Last year, the number of social rented homes built was the second lowest level on record, and the number of new low-cost homes to buy has almost halved since its peak.
England is now building over 30,000 fewer social rented homes a year than we were in 2010 – and built 6,500 social rented homes last year.
The current council housing waiting list stands at over 1m.
Dudley Council have set a target in 2014 for 16,127 homes to be built by 2026, but Austin thinks that more needs to be done to ensure that people who work hard can buy their own home like they could in the past.
Austin is calling on the Government to get a grip of this crisis by getting more affordable homes built for local people.
Ian Austin said:
“Every week I meet people in Dudley who are desperate to own a home but can’t afford to buy one because of the extortionate costs of getting on the property ladder.
“House prices have increased at a much faster rate than wages, and it is now more than twice as expensive for the average person to buy a home.
“That means people are having to wait much longer before they can afford to buy - and the average age of today’s first-time buyer is 34.
“With more people stuck on waiting lists or living in often insecure private rented homes, we need more homes built by councils or housing associations for rent too. And getting the construction industry moving would create good jobs for local people.”