Latest figures illustrate desperate need for new genuinely affordable homes

Terrie Alafat, chief executive of CIH, says new figures from the Office for National Statistics demonstrate the desperate need for new genuinely affordable housing.

Responding to the publication of Housing affordability in England and Wales by the Office for National Statistics, which demonstrates how unaffordable house purchasing has become, Terrie Alafat, chief executive of CIH said “The statistics released by the Office for National Statistics today make for bleak reading.

“We know that owning a home is increasingly out of reach for so many people and these latest figures once again highlight the desperate need for us to build a significant number of new homes.

“This is, however, not simply a numbers game. We have to build more homes, but we have to make sure they are the right homes, in the right places and that people can afford them.

“That means supporting people to own their own home, but it also means building many more genuinely affordable homes for rent.”