Real estate industry professionals react to the new chancellor’s speech
Private sector starts will fall from 144,000 last year to 70,400, the lowest level since 2008
Party promises 380,000 homes a year, after losing a conference vote
Just 75,000 homes were approved in the latest quarter, down 11% on the previous year
Tory planning reforms could reduce the number of homes built in England from 233,000 to 156,000 a year.
100,000 homes could be lost over five years after decision to scrap mandatory targets