Candidate bemoans the rise in renting and reduction in home-ownership in Halesowen Sandwell

Labour candidate: Stephanie Peacock.

Labour candidate: Stephanie Peacock.

First published in News by

AFFORDABLE housing will be on the agenda at the General Election after new figures revealed the number of people privately renting homes in Dudley has doubled in the last ten years.

In Sandwell the number has nearly tripled and during the same period home ownership has fallen by 10 per cent in Sandwell and 15 per cent in Dudley.

Labour's parliamentary candidate for Halesowen and Rowley Regis Stephanie Peacock believes the trend will mean buying a house will be out of reach for local people hoping to get on the property ladder.

She said: “Average houses prices are now as much as 4.9 times median earnings in Halesowen and Rowley Regis.

"This is contrasted with a 13.8 per cent drop in the real value of average earnings of all employees in employment over the last few years.

"Renters in the West Midlands are now paying on average £564 a year more in rent than they did in 2010."

She added: “While the flexibility of renting may suit some, others have been forced into the private rented sector as the only available option as home ownership becomes increasing out of reach of many people."

As elsewhere in the country Sandwell and Dudley boroughs also have a shortage of council housing.

Miss Peacock added: "The numbers on council housing waiting lists is over 9000 in Sandwell and nearly 6500 in Dudley."

The Labour candidate is hoping her party's promises concerning new homes will strike a chord with the electorate.

She said: “Labour has committed to increase the supply of new homes in England to above 200,000 a year by the end of the next Parliament.

"It is crucial that social housing is a key part of this strategy as currently nearly two million lower paid households across the country are housed are in private rented dwellings at an annual cost to taxpayers of nearly £10 billion per year given to private landlords in housing subsidies.”

Comments (5)

Please log in to enable comment sorting

1:58pm Fri 22 Aug 14

mucklow hill resident says...

Its quite simple really.
Make all properties being sold buy to live in, and completely ban buy to let.
Its quite simple really. Make all properties being sold buy to live in, and completely ban buy to let. mucklow hill resident
  • Score: 1

2:16pm Fri 22 Aug 14

Sam Vimes says...

Ey up, this weeks shadow cabinet meeting minutes are in. This week's meaningless buzz phrase is Affordable Housing. Still no word on the biscuits though. Maybe gingerbread for the imaginary houses?
Ey up, this weeks shadow cabinet meeting minutes are in. This week's meaningless buzz phrase is Affordable Housing. Still no word on the biscuits though. Maybe gingerbread for the imaginary houses? Sam Vimes
  • Score: 2

4:13pm Fri 22 Aug 14

Phil W Cooper says...

How two faced can Labour get ? and how dare she grovel over Labours 2002 Rent Act which forces councils to raise rents at
RPI + 0.5% plus £2
She should hand her head in shame and ask council tenants for their forgiveness
Read this Ms Poppycock

http://www.cih.org/p
olicy/display/vpathD
CR/templatedata/cih/
policy/data/Rent_set
ting_-_England

Then ask waste of time Dear Watson why your Labour party attacked
all council tenants with stinging rent rises year after year
Labour are disgusting
How two faced can Labour get ? and how dare she grovel over Labours 2002 Rent Act which forces councils to raise rents at RPI + 0.5% plus £2 She should hand her head in shame and ask council tenants for their forgiveness Read this Ms Poppycock http://www.cih.org/p olicy/display/vpathD CR/templatedata/cih/ policy/data/Rent_set ting_-_England Then ask waste of time Dear Watson why your Labour party attacked all council tenants with stinging rent rises year after year Labour are disgusting Phil W Cooper
  • Score: 2

6:12pm Fri 22 Aug 14

Ray Burston says...

Labour will have to do better than on past performance if Stephanie's noble words are not to ring as hollow as her previous statements.
    For example, according to Department of Communities & Local Government figures, under the Thatcher and Major governments an average of 50,761 new homes in the social housing sector were built each year, compared to just 24,299 under the Blair and Brown administrations.
   What's more, during Labour's tenure in government only 13% of new houses completed were in the social housing sector, compared to almost a quarter built under the Conservatives. Indeed, had Labour built at the same rate then there would now be an additional 300,000 social housing units available for rent, which would have gone some way to reducing the waiting lists she is complaining about.
    And before someone tosses in the old canard about the Conservatives selling off council houses - even leaving aside the fact that these houses weren't 'lost': they still exist and are lived in (in many cases by the very people who first bought them) - Messrs Blair and Brown actually 'privatised' council housing at a far higher rate than any of their Conservative predecessors did (through both right-to-buy and stock transfer).
     Finally, is it any wonder that house prices and private sector rents are still heading skywards when, as a result of Labour's 'open doors' immigration policy, there are now an extra four-and-a-half million people in the country (projected to rise to over ten million in a decade or so's time) - all, like their indigenous neighbours, anxiously seeking a roof over their heads.
Labour will have to do better than on past performance if Stephanie's noble words are not to ring as hollow as her previous statements.     For example, according to Department of Communities & Local Government figures, under the Thatcher and Major governments an average of 50,761 new homes in the social housing sector were built each year, compared to just 24,299 under the Blair and Brown administrations.    What's more, during Labour's tenure in government only 13% of new houses completed were in the social housing sector, compared to almost a quarter built under the Conservatives. Indeed, had Labour built at the same rate then there would now be an additional 300,000 social housing units available for rent, which would have gone some way to reducing the waiting lists she is complaining about.     And before someone tosses in the old canard about the Conservatives selling off council houses - even leaving aside the fact that these houses weren't 'lost': they still exist and are lived in (in many cases by the very people who first bought them) - Messrs Blair and Brown actually 'privatised' council housing at a far higher rate than any of their Conservative predecessors did (through both right-to-buy and stock transfer).      Finally, is it any wonder that house prices and private sector rents are still heading skywards when, as a result of Labour's 'open doors' immigration policy, there are now an extra four-and-a-half million people in the country (projected to rise to over ten million in a decade or so's time) - all, like their indigenous neighbours, anxiously seeking a roof over their heads. Ray Burston
  • Score: 2

6:44pm Fri 22 Aug 14

BloggerSte says...

Ms Peacock would you mind enlightening us all why your Idiot friends in Sandwell Labour council demolished 1000's of homes leaving rat infested fields ?

http://www.insidehou
sing.co.uk/the-demol
ition-explosion/6518
821.article
Ms Peacock would you mind enlightening us all why your Idiot friends in Sandwell Labour council demolished 1000's of homes leaving rat infested fields ? http://www.insidehou sing.co.uk/the-demol ition-explosion/6518 821.article BloggerSte
  • Score: 3

Comments are closed on this article.

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree