How do we address it?

The current Conservative Government of 2018 was elected with a manifesto pledge to meet the 2015 commitment to deliver 1 million homes by the end of 2020 and to “deliver half a million more by the end of 2022.”

In September 2018, the House of Commons released a briefing paper which stated that according to current projections, an average of 210,000 new households will form in England in each year between 2014 and 2039. In 2016/17, the total housing stock in England increased by approximately 217,000, which was 15% higher than the previous year’s increase but short of the estimated 240-250,000 new homes needed to keep pace with household formation.