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The Guardian - UK
The Guardian - UK
National
Richard Partington Economics correspondent

Sunak urged to build more new towns to tackle collapse in home ownership

David Willetts ​​Rishi Sunak
Aerial view of Milton Keynes.
Aerial view of Milton Keynes, one of the new towns developed during the boom in state-backed housebuilding in the 1950s and 60s. Photograph: Paul White/UK Cities/Alamy

Rishi Sunak has been urged to consider a postwar-style programme of new town construction in England to tackle the collapse in home ownership among young adults.

David Willetts, a Conservative peer and former universities minister, told the Commons Treasury committee that failure to increase the supply of affordable homes was among reasons for rising levels of inequality between young and old.

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