Monday, 14 April 2008

CUT HOUSING TARGETS NOW

KENT PRESS RELEASE – FOR IMMEDIATE RELEASE – Monday 14th April 2008 - 27 Audley Avenue, Tonbridge, Kent TN9 1XF - www.kentgreenparty.org 0845 257 4236 – 01732 355185 – Mobile: 07747 036192
CUT THE HOUSING TARGETS NOW
Since the Housing Market is in decline, Kent Green Party is arguing that new housing targets must be issued. The private sector home builders can only build what they can sell. The Government must adopt new housing targets which are realistic for current economic circumstances. This may well mean a dramatic slowdown in new home building in Kent, especially in areas scheduled for major housing growth such as Kent Thameside (Thames Gateway) and Ashford. Steve Dawe comments:
“We now know that house prices are static throughout Kent and sales of homes have slowed down markedly. But the Government has yet to issue new, more realistic housing targets for our local councils in Kent. Since 9 out of 10 new homes are built by private developers for sale, they clearly are not going to be building homes to stand empty or for very low prices.
“Kent Green Party believes that the signs of recession may well lead to a protracted recession since the Government has done virtually nothing to prepare the economy or society for very high oil prices(1). This raises the cost of building materials and their distribution, and has clearly contributed to raising food prices. Such factors will cause people to be cautious about taking on new mortgages, especially as these now cost a lot more to obtain.”
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FURTHER INFORMATION:
Steve Dawe, Kent Green Party Press Officer: 01732 355185 or 07747 036192. Contact address as above. Steve Dawe is South East Green Party Speaker on Housing, Planning and Development (joint).

Notes:
1. The result of Peak Oil, oil consumption and production peaking during the period 2006-2016 according to research undertaken by bodies such as the Association for the Study of Peak Oil;

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