Nearly three quarters of senior industry figures think planning restrictions on the green belt should be relaxed to enable the development of new homes, according to a survey carried out by Property Week.
In the survey of 125 senior residential figures, commissioned ahead of next week’s RESI Conference, 66% said restrictions on selected areas of the green belt should be relaxed to build new homes, while 8% said the restrictions should be fully relaxed.
The survey also found a majority supported stronger government action to boost housebuilding, with just over 62% saying the government should be directly involved with the commissioning and building of homes, and 73% saying the government should set mandatory housebuilding targets for local councils.
The government has not set explicit housebuilding targets, other than pledging to build 200,000 starter homes and 275,000 affordable homes by 2020. Of those who approved of mandatory targets, 46% said there should be penalties for councils that fail to deliver the required number of homes.
The survey also found that 72% of respondents thought the current generation of children would be unable to afford to buy a home before they are 40, while only 26% thought those children would prefer to rent, rather than owning a home.
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