{"id":146663,"date":"2024-08-04T22:33:32","date_gmt":"2024-08-04T15:33:32","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lg-warns-housebuilding-drive-needs-decade-to-tackle-housing-crisis-at-current-pace\/"},"modified":"2024-08-08T17:09:40","modified_gmt":"2024-08-08T10:09:40","slug":"lg-warns-housebuilding-drive-needs-decade-to-tackle-housing-crisis-at-current-pace","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lg-warns-housebuilding-drive-needs-decade-to-tackle-housing-crisis-at-current-pace\/","title":{"rendered":"L&amp;G warns housebuilding drive needs decade to tackle housing crisis at current pace"},"content":{"rendered":"<p>&#013;<br \/>\nGroup taps Greater Manchester Pension Fund to boost coffers but warns push for affordable homes must move fasterBosses at the insurance and pensions group Legal &amp; General, which invests in and builds homes, said it will take more than a decade to tackle the UK\u2019s affordable housing crisis at the current pace of construction.L&amp;G welcomed Labour\u2019s housebuilding drive, but said the entire industry would need to move at a faster pace as it joined forces withthe Greater Manchester Pension Fund (GMPF), the UK\u2019s largest local government pension scheme, to boost funds available for low-cost homes. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/article\/2024\/aug\/04\/legal-and-general-labour-housebuilding-housing-crisis\" target=\"_blank\" rel=\"noopener\">L&amp;G warns housebuilding drive needs decade to tackle housing crisis at current pace<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Group taps Greater Manchester Pension Fund to boost coffers but warns push for affordable homes&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-146663","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-C9x","jetpack-related-posts":[{"id":65440,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-mayor-seeks-stamp-duty-revenues-to-boost-housebuilding\/","url_meta":{"origin":146663,"position":0},"title":"London mayor seeks stamp duty revenues to boost housebuilding","date":"September 5, 2017","format":false,"excerpt":"\r Sadiq Khan likens trying to tackle housing crisis without control over revenue to fighting with one hand tied behind his backThe mayor of London, Sadiq Khan, has urged the chancellor, Philip Hammond, to hand over control of the capital\u2019s booming stamp duty receipts to fund an urgent acceleration in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85648,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-prices-and-rent-in-england-to-surge-by-2020-warns-report\/","url_meta":{"origin":146663,"position":1},"title":"House prices and rent in England to surge by 2020, warns report","date":"July 22, 2013","format":false,"excerpt":"\r Housing federation says 3.7m young people will be forced to live with parents as housebuilding and wages lag behindHouse prices in England will soar by 42% by 2020 and rents will rise by even more, according to a report from the National Housing Federation which warns of the \"colossal\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27385,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/refocus-housebuilding-on-towns-and-villages-to-solve-crisis-report\/","url_meta":{"origin":146663,"position":2},"title":"Refocus housebuilding on towns and villages to solve crisis \u2013 report","date":"September 27, 2016","format":false,"excerpt":"\r Housing-zone funding is skewed towards London, which has been given 100 times more than the rest of England combinedLondon has been given almost 100 times more housing zone funding than the rest of England combined, but has only built twice as many houses, new research has revealed.Calling for housebuilding\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112494,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housebuilding-data-shows-dearth-of-homes-for-affordable-renting\/","url_meta":{"origin":146663,"position":3},"title":"Housebuilding data shows dearth of homes for affordable renting","date":"November 20, 2019","format":false,"excerpt":"\r Only 37,825 new homes built to be let at discounted rents last year, despite waiting list of 1.1mEngland\u2019s shortage of affordable rented housing shows no sign of ending, as official figures revealed on Wednesday that only 37,825 new homes were built to be let at discounted rents last year,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":36548,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housebuilding-is-up-but-what-type-of-homes-are-being-built\/","url_meta":{"origin":146663,"position":4},"title":"Housebuilding is up \u2013 but what type of homes are being built?","date":"November 30, 2016","format":false,"excerpt":"\r Housing stock is growing, office conversions are increasingly popular, but new social housing completions are much less healthyAny discussion on the UK housing crisis invariably jumps straight to housebuilding: build more houses, and house prices and rents will fall, proponents claim. The recent Labour-commissioned Redfern Report argues it\u2019s a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146745,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/social-housing-rents-to-rise-as-part-of-uk-push-to-build-affordable-homes\/","url_meta":{"origin":146663,"position":5},"title":"Social housing rents to rise as part of UK push to build affordable homes","date":"August 21, 2024","format":false,"excerpt":"\r Rachel Reeves works on plan for 10-year formula to give councils and housing associations certaintySocial housing rents will rise by more than inflation over the next decade as part of UK government plans to boost affordable housebuilding and shore up the finances of struggling landlords.The chancellor, Rachel Reeves, is\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146663"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=146663"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146663\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}