London - The British government plans to build 24 new towns and villages in various locations across England, Reuters reported today. The Conservative cabinet justified this by the need to reduce the significant housing shortage in the country. Minister for Housing Gavin Barwell clarified that up to 200,000 new homes should be created.
In the near future, ten new towns are to be developed, each with more than 10,000 homes, for example near the towns of Aylesbury, Taunton, and Harlow. Of the planned 14 new villages, each with about 5,000 homes, some are to be constructed near the towns of Stratford-upon-Avon and Lancaster. The government has promised investors assistance with building permits and £7.4 million (235 million CZK).
However, this will only account for a fraction of the million homes that the government had previously promised to help build in the country by 2020, noted Reuters. Individual governments have pledged to reduce the housing shortage, which has driven property prices in London and other cities to the point that many residents cannot afford housing.
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