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Written by Rosalind Renshsaw

The Liberal Democrats yesterday launched plans aimed at stemming the tide of repossessions, as well as increasing the supply of social housing and rescuing the construction industry.

The new plans include encouraging the use of empty commercial property for temporary housing.

Other suggested measures include local authorities and housing associations buying unsold developers’ stock.

Liberal Democrat Shadow Chancellor Vince Cable said: “We are now facing a repeat of the Tory recession of the 1990s, with tens of thousands of families facing repossession in the year ahead.

“With only a small portion of the 75,000 houses that are predicted to be repossessed in 2009 covered by Government schemes, there is a real danger that we will see thousands of people kicked out of their homes over the next 12 months.

Comments

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    IF only Planning Officers and planning committees had the same common sense that Vince Cable has this Country would take off.........

    • 20 February 2009 11:08 AM
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    How about all the empty council houses that the local authorities hang onto every to mark up their allowances, Vince?

    • 20 February 2009 11:02 AM
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    Building acres of social housing does nothing but create generations of voting fodder for the Labour Party. Taxpayers are better at spending their own money than the Government.

    • 20 February 2009 10:46 AM
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