Monday’s Queen's Speech opened a new session of parliament, setting out policies on crime, health, the environment, and Brexit.
But while the Queen’s Speech covered 26 bills, there was somewhat surprisingly a complete lack of focus on housing.
“It really is quite astonishing that despite the consistent doom and gloom that has surrounded the UK property market for some time now, yet another blind eye has been turned to the issues plaguing our property market,” said Marc von Grundherr, director of lettings and estate agent, Benham and Reeves.
He added: “The government’s monumental failure to build enough homes has resulted in a national housing crisis and this isn’t something we can shy away from and hope it goes away.
“While previous initiatives have stoked the fires of buyer demand and caused an even greater thirst for property, the actual delivery of housing stock to meet this demand has been woeful and perhaps this latest neglect of the issue is the government admitting defeat?”
Tom Gatzen, the co-founder of roomshare platform, ideal flatmate, is also disappointed to see that the state of the UK property market failed to make the cut for the speech.
He commented: “We’ve seen the high cost of property prices and a distinct lack of housebuilding result in many of us remaining resigned to the UK rental sector, while more and more us are forced to rely on shared accommodation to put a roof over our heads.
“Not only is this putting a huge strain on the rental space, but a lack of affordable and social rental options is also causing an increase in the number of people ending up on the streets.
“This is a major issue in today’s society and one that should come before education, infrastructure and many of the other areas of focus announced.”
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