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New Housing Strategies: 1.5M Homes Proposed Amid Crisis

9/11/2025

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Story summary
  • UK Housing Secretary Steve Reed plans to deliver 1.5 million homes, focusing on 1.4 million unbuilt homes with planning permission.
  • He criticizes lettings agency fees and advocates for stricter landlord regulations.
  • President Trump aims to expand U.S. homeownership amid a housing crisis, proposing to cut regulations and ease building costs.
  • In London, campaigners suggest converting 10% of office space into 40,000 homes to alleviate shortages.
  • They recommend a 5-10% office vacancy target for local authorities to inform development decisions.
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