article_snippet.sent: first call’ on up to half of homes built locally.
article_snippet.sent: Speaking in Stockton, Co Durham, Mr Miliband will warn of a housing crisis in which a severe lack of homes being built has priced millions out of the property market and left many who want to buy living in private rented accommodation.
article_snippet.sent: The rate of home ownership has slipped to The rate of home ownership lowest for 30 years, and buy-to-let landlords and foreign investors are snapping up properties before others get a chance.
article_snippet.sent: There’s nothing more British than the dream of home ownership, starting out in a place of your own,Mr Miliband Mr Miliband will say.
article_snippet.sent: But for so many young people today that dream is fading with more people than ever renting when so many young people want to buy, new properties being snapped up before local people get a look-in, young families wondering if this country will ever work for local people.
article_snippet.sent: It is simply too expensive for so many young people to buy a home today, saving up for the deposit, paying the fees and having enough left over for the stamp duty.
highlights_snippet.sent: ‘first call’ on half of homes built locally .