David Cameron’s government is going to take “radical” steps to intervene in Britain’s housing market, and to try to reduce the chronic undersupply of affordable housing that is plaguing potential housebuyers in the UK right now.

On Monday, Cameron will announce plans to commission tens of thousands of new so-called “starter homes” on brown field sites across the UK, aimed at getting more people on the property ladder, as well as stopping the spiralling growth of house prices that has pushed the average cost of a British home to nearly £300,000, according to the ONS.

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Source : BusinessInsider.Com