Election 2024: Renting — No party has a plan to increase supply in the private rental sector
'If you’re only building 30,000 to 40,000 homes a year, with a deficit of 250,000 on top of that, this is not something we are going to fix soon, even the new government won’t fix this in its lifetime.'
All political parties have been focusing on building new houses, but none have come up with a plan to deal with the private rental sector, an expert in the market has warned.
While there are about 30,000 to 40,000 units being built each year, there is still a deficit of between 200,000 and 300,000 homes, according to the Housing Commission report.
