Now councils may stipulate that a certain proportion of properties in any development are affordable homes for rent. Don’t they realise that other people want what they’ve got, a home of their own?
He will also launch a new policy aimed at providing more afffordable housing to buy - in recognition of the “generation of hardworking men and women in their 20s and 30s” unable to get on the housing ladder.
But housing charity Shelter said someone would need an annual income of £76,957 in London, or £50,266 in the rest of the country, to buy a starter home - well above the average wages.
However he believes it will provide the incentive for developers to start building the right houses and kickstart home ownership.
The run-up to the conference has been dominated by debate over the party’s stance on an upcoming referendum on Britain’s membership of the European Union and behind-the-scenes positioning of potential successors to Cameron, who has said he will step down as Conservative leader by 2020. We’re replacing them with new rule.
It will single out housing as an area where his government has so far failed to deliver, with people under 40 struggling to buy homes.
In sharp contrast, London’s mayor Boris Johnson called himself a “one nation” Tory and, in a swipe at the leadership front runner - Chancellor George Osborne - on cuts in tax credits, said: “We must ensure that as we reform welfare and we cut taxes that we protect the hardest working and lowest paid”.
“Us, the Conservatives, I want us to end discrimination and finish the fight for real equality in our country today”.
In David Cameron’s conference speech this lunchtime, the Prime Minister spoke about a voter who had reached out to him ahead of the election.
It will be a key part of the government’s target of building 200,000 starter homes until 2020, as well as building low-priced homes for first-time buyers under the age of 40.
A spokesman for Mr Corbyn said: “The fact that David Cameron used his speech to make personal attacks on Jeremy Corbyn are a sure sign that he is rattled by the re-energisation of the Labour Party”.
He said: “When I read what a few young people born and brought up in this country are doing, it makes me feel sick to my stomach”.
“Under the prime minister’s plans, only 200,000 relatively well-off households will get to buy a home”, he said.
“The officials who prepare the plans or the homes, developers that build them, the politicians that talk about them, most of these people own the homes they live in”.
Ministers are to widen the definition of “affordable homes” to allow developers to build more cheap homes for sale rather than rent.
