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Corbyn hits out over undeveloped land and 'forced gentrification'

Labour leader Jeremy Corbyn has called for a 'tax on undeveloped land held by developers' and said that, under a Labour government, estate regeneration schemes would be 'for the benefit of the local people, not private developers'.

In his Labour Party conference speech earlier today, Corbyn reflected on the Grenfell Tower disaster, saying that the blaze was an indictment of "decades of failed housing policies and privatisation and the yawning inequality in one of the wealthiest boroughs and cities in the world".

Echoing a move announced last week by the Conservative Party, Corbyn said that Labour would be launching a review of social housing policy - "its building, planning, regulation and management" - and would propose "a radical programme of action to next year’s conference".

Corbyn said that the party would introduce rent controls and would "tax undeveloped land held by developers and have the power to compulsorily purchase".

Elsewhere, the Labour leader said that regeneration was "a much-abused word".

"Too often what it really means is forced gentrification and social cleansing, as private developers move in and tenants and leaseholders are moved out", he said.

Corbyn said that, under a Labour government, regeneration would be "for the benefit of the local people, not private developers, not property speculators".

He said that people who live on an estate earmarked for redevelopment must "get a home on the same site and the same terms as before. No social cleansing, no jacking up rents, no exorbitant ground rents".

Corbyn also said that councils would have to "win a ballot of existing tenants and leaseholders before any [estate] redevelopment scheme can take place".

Source: Planning Resource 

27 September 2017