Phil Spencer and Russell Quirk team up to tackle housing crisis

Online agent turned property PR guru Russell Quirk has set out his solution to solving the housing crisis.

Speaking on the latest Move iQ podcast with property presenter Phil Spencer, Quirk suggests removing political opportunism from the day to day of housing announcements and to in effect compete with the top property developers with the launch of a public sector National Development Corporation.

He said it could be run as a board by a mix of experienced property people accountable to taxpayers as the ‘shareholder’.

Quirk said: “For decades we’ve listened to the empty promises of housing ministers, chancellors and Prime Ministers on the subject of new and adequate housing supply. These promises grab headlines for a few days and then disappear into a graveyard of political pledges, unfulfilled and forgotten.

“The issue is one of short-term political opportunism being the prevailing goal of MPs and also the focus of the top 10 PLC housebuilders being shareholder value from a trickling of supply rather than a social conscience. My plan solves both of these problems as the podcast sets out”.

Spencer added” “This is a plan that could work in solving one of the great mysteries of this country - why can’t we build enough new homes.

I’m squarely behind these suggestions and would invite responsible politicians on both sides of the political divide to meet with us in order that we can set out what is a compelling solution to significantly benefit future generations”.

> Watch the full interview: https://youtu.be/5BYyt842f_E