Now is not the time to panic about low planning approvals
As poor statistics continue to roll in, Steve Reed and Matthew Pennycook must hold their nerve, stick to their plan and be patient, argues Paul Smith.
The new secretary of state, Steve Reed, reaffirmed his commitment to the government target to build 1.5 million new homes in this parliament.
“We are doubling down on our plans to unleash one of the biggest eras of building in our country’s history and we are backing the builders all the way,”
said Reed following his appointment. Paul Smith, managing director, Strategic Land Group, argues that Reed and Pennycook should remain patient.
Author's summary: Hold nerve on home building plans.
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