Developers hog land for record 130,000 homes, analysis reveals

Record gap between planning permissions and homes built sparks call for tough penalties on ‘land banking’

Developers are sitting on land for more than 130,000 homes in England that have never been built – the worst gap on record, according to new analysis.

The record gap between planning permissions granted and new homes being built has led to calls for tough new penalties to be enforced against developers that sit on land rather than build.

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from The Guardian https://ift.tt/2D7gant

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