New towns: Helping solve the housing crisis
Original Article Summary
Chris Hemmings, partner, development, Carter Jonas (London) As the UK persistently delivers too few homes for a growing population, the government has returned to a strategy popular more than 50 years ago. Between the 1950s and 1970s, successive governments saw more than 30 new towns built before the preference switched to regeneration and smaller urban […] The post New towns: Helping solve the housing crisis appeared first on PropertyWire.
PropMatch Curated Analysis
Government's new towns strategy aims to deliver hundreds of thousands of homes by 2050 through 12 major settlements, but faces significant funding, viability and delivery challenges compared to successful post-war predecessors.
Investor Relevance
New towns represent major long-term supply additions that could affect regional property values and rental demand. Early investment opportunities may arise in surrounding areas, while new settlements could provide future development and BTR opportunities for patient capital.
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