After decades of chronic undersupply, even modest housing reforms can feel like cause for celebration. But in this essay, John Penrose, Chair of the Conservative Policy Forum and founder and director of the Centre for Small-State Conservatives, argues that the Government’s latest plans don’t go nearly far enough. His solution is simple and radical in equal measure: give homeowners the right to build up, not out. By gently increasing density in towns and cities, Penrose says Britain could unlock millions of new homes, restore urban beauty, and finally make housing affordable for a new generation.

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