England councils have warned that the sluggish rate of housebuilding in the country means that existing homes must house more people and last longer, leading to the country spending nearly as much on repair and maintenance of existing homes as it does on building new ones. “To spark a desperately-needed renaissance in council housebuilding, councils also need to able to borrow to build new homes and keep all receipts from any homes they sell to reinvest in building new homes that are of a good quality and affordable,” Cllr Blake concluded. In 2016 , £27bn ($ 34.5bn ) was spent repairing existing homes while £ 35bn was spent on new builds. Analysis by LGA ( LGA ) revealed that the average new home will have to 2016 if the current rate of housebuilding and replacement continues.
England councils have warned that the sluggish rate of housebuilding in the country means that existing homes must house more people and last longer, leading to the country spending nearly as much on repair and maintenance of existing homes as it does on building new ones. In 2016 , £27bn ($ 34.5bn ) was spent repairing existing homes while £ 35bn was spent on new builds. Analysis by LGA ( LGA ) revealed that the average new home will have to 2016 if the current rate of housebuilding and replacement continues.