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January 30, 2024

For The First Time In Decades, Property Is Central To The Fate Of A General Election

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Property is always a big topic of conversation in the UK: house prices, the shortage of new homes and where rents are heading. But for the first time in a long while, there is a feeling that real estate issues could decide a general election, and politicians are taking notice. 

An election is highly likely in the autumn of 2024 and must be held by 28 January 2025 at the latest, with the lead-up dominating national discourse this year. Bookmakers feel certain the contest will deliver a Labour government, but however it goes, there could be big implications for property and what property can, in turn, do for the country.

“This is the first election for decades when all the main parties are talking so much about housing, about planning, infrastructure spending and the importance of those things for both growth and also social protection,” British Property Federation CEO Melanie Leech said. 

For The First Time In Decades, Property Is Central To The Fate Of A General Election

Leech's remarks came at a roundtable event to launch the BPF’s 2024 election manifesto. The document outlines what the industry would like to see from the next government, be it Labour or Conservative, and how those asks would benefit the country.Also speaking at the event was…

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Danke, Jürgen. mike.phillips@bisnow.com
 
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