The shadow housing minister has cast doubts over whether the government can meet its amibitious new housing targets. The government announced its target to build 1.5m homes over the next five years and pledged a further £350m for housebuilding. Reacting to the announcement, Paul Holmes said he "very much doubts" the government will be able to deliver the target over the lifetime of the parliament. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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00:00Any investment into affordable homes is welcome but you have to look beneath the figures to see
00:04actually how much this is tinkering around the edges. So it's 350 million pounds for
00:10two and a half thousand affordable homes but only 250 socially rented homes across the whole of the
00:16UK. What we've seen is that the government are not going to be able to focus on delivering the
00:221.5 million homes that they need. Their own ministers said that, other businesses have said
00:27that and that's because of the economic situation that this government has created. So I very much
00:32doubt that they will be able to deliver these homes or the 1.5 million over the lifetime of
00:37the parliament.