15,000 houses given planning permission in Ebbsfleet – 350 so far built. Incredible – this is commuter belt for London and on the Eurostar route – so houses should sell like hot cakes. But developers don’t want to build the infrastructure!
“Although Ebbsfleet was earmarked for major development back in 2003, and permission has been granted for 15,000 housing units, only 350 have so far been built. This is credited to a reluctance on the part of private firms to fork out for infrastructure, rather than a lack of demand. And so, accordingly, £200m of public money is being used to jumpstart the process.”