Up to 234,000 new homes will be needed each year if the country is to meet the needs of a changing population, according to a report published today.
New and novel household projections for England with a 2008 base, published by the Town and Country Planning Association, is the first analysis of the 2008-based government household figures.
The analysis projects 234,000 additional households are forming per year, more than double the current number of homes being built annually.
TCPA chief executive Kate Henderson said: “We have published this paper as the housing and the planning system undergoes the most fundamental change for a generation through the government’s localism agenda and welfare reform packages.
“This timely analysis reveals that the underlying demographic pressures for more and better homes has not receded.
“Our current building rates for new homes are clearly not adequate to meet this challenge.”