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Most consumers have no faith in government to tackle the housing crisis

New research from Experience Invest has uncovered Briton’s attitudes towards the housing crisis. In a nationally representative survey of over 2,000 consumers, it was revealed that:

  • Only 11% of the UK population have confidence in the government’s ability to tackle the housing crisis.
  • Over half (53%) think that prolonging Brexit is counterproductive to tackling the housing crisis.
    • 68% of consumers think the government should cap rental prices to make saving for a house easier.
    • 78% think there should be stricter regulations on landlords to protect vulnerable renters.
    • 62% think the government should eradicate stamp duty for first time buyers.
  • However, less than half (47%) would be happy to see new-builds in their local area.
    • 76% think improved infrastructure would make new-builds more attractive. 
    • 67% support the government’s measures to ensure new-builds are aesthetically pleasing.

Jerald Solis, business development and acquisitions director at Experience Invest said: “The public is somewhat conflicted about its priorities. On the one hand, they want to see decisive action from the government in tackling the housing crisis. However, many are opposed to action that may directly impact their lives and their local area; namely, the construction of newbuilds. This could hinder progress towards tackling the housing crisis.

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