New towns must be built on old values | Letters
Readers respond to our editorial about the potential pitfalls in Labour’s plans for new homes and new townsYour editorial (16 February) correctly identifies the business model of private housing developers as the large hole at the centre of Labour’s ambitious plan to build 1.5m new homes by the end of this parliament. In recent years, most large developers have been doing very well in terms of profit margins and shareholder returns without having to increase their output at all. Why
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