Labour’s pledge to build 1.5 million homes by 2029 is in serious trouble—current rates suggest they’ll fall short by 200,000 homes. To hit the target, they’d need to build over 1,000 homes daily, double their best-ever pace. Even Housing Secretary Angela Rayner admits it’s a “really difficult stretch target.” While the government points to reforms and a 15% rise in starts this year, reality checks show even peak years averaged just 679 homes per day. Can new plans bridge the gap—or is this another case of ambition outpacing execution?
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