The Treasury Select Committee says the Tories’ cut in stamp duty will INCREASE house prices and the Government will fail to meet its housebuilding target unless it lets Councils build more homes. But many of the houses that are built are too expensive and badly constructed and a major reason is that you can make more money hoarding land than building on it. As a result, the price of land can easily be half the cost of buying a home. Labour will build over 1 million homes (50% will be affordable or social housing). We’ll ban letting agency fees, give renters a package of new rights, and build 4,000 new homes for homeless people.