Originally published on July 1 as a column for Inside Housing.
It was less ‘build, build, build’ than ‘blah, blah, blah’, less New Deal than reheated old announcements.
They arrived to a chorus of calls for greater investment, Homes for Heroes and a warning from Shelter and Savills that output of new homes will fall by 85,000 this year because of the pandemic, with just 4,300 for social rent.
In that context, the prime minister sank to the occasion and even managed to imply that the Affordable Homes Programme will be cut.
Where the Budget in March had promised £12.2 billion over the next five years, Johnson said it will now run over eight. Taken at face value that means a cut of 38 per cent from £2.4 billion a year to £1.5 billion.
That would be roughly the same annual commitment as in the current AHP and would represent a slap in the face for everyone who has campaigned for or needs an affordable home.
Not so, fast, though. No 10 soon clarified that when he said eight years he was actually talking about the three-year time lag for homes to be built after the end of the programme. Social Housing was given the slightly different line that the extra three years applies only to the £2 bn strategic partnerships announced in September 2018.
Originally posted on July 22 on my blog for Inside Housing.
Three different news stories in the last 24 hours provide a powerful reminder of what could be at stake for housing in the transition from Theresa May to Boris Johnson due on Wednesday.
The government’s consultation on ending Section 21 no-fault evictions was finally published on Sunday along with a proposal to give private renters access to the government’s database of rogue landlords.
Conservative think-tank Onward called for cuts in stamp duty with proposals very similar to those put forward by Johnson during the leadership campaign.
And the Conservative Brexiteer-in-chief Jacob Rees-Mogg wrote a pamphlet for the Tory Institute of Economic Affairs putting the libertarian case for an end to ‘socialist’ interference in the housing market. .
The timing of all three is significant as it provides some indications of what the outgoing regime thought important enough to get out before the other lot take over and what the wider Conservative party thinks might be possible under the new regime.
Originally posted as a blog for Inside Housing on June 19 – updated June 21.
Beneath the surface of a Conservative leadership battle dominated by Brexit and Boris Johnson there is a battle of ideas about the future direction of Conservative housing policy.
Put at its simplest, the battle is about whether to continue in the pragmatic direction signalled by Theresa May since 2016 or go back to the more ideological one taken by David Cameron before then.
But scratch a little deeper there are more fundamental debates going on about how far to go in fixing a housing market that most Tories agree has turned into an electoral liability for them.
Key questions such as how far the government should go in borrowing to invest in new homes and intervening in the private rented sector and the land market are back on the Conservative agenda.