A major problem facing Britain today is our housing crisis. The average age of a first time home buyer is now a staggeringly high, 36 years old and this figure is set to rise. Many voters in Norwich spend a shockingly high proportion of their income on housing while often finding themselves unable to make ends meet. Clearly a change is needed.
What’s more, something can be done. We only have to look to our European neighbours, who on average pay much less than we do on housing, to see a change is possible. We promise to increase the affordable housing stock so people do not find themselves facing a wall of insurmountable debt. The last five years of the Con-Dem coalition presided over the lowest rate of house building since the 1920s. We will build a minimum of 200,000 homes each year by 2020.
Private renter sectors will also be given a fair deal. Landlords will be banned from hiking up rents, rip-off letting agent fees will be abolished, and long term contracts will become the norm, allowing for stability in our families’ home life. We will also protect those with public sector housing by abolishing the immoral bedroom tax which hurts the most vulnerable in society.
In short, we guarantee that the people of Norwich all have a safe and secure home.