Will the UK build >1.5m new homes by the end of Q2 2029

600Ṁ878

2030

38%

chance

ALL

The UK Labour party has stated their policy to liberalise planning, build on currently protected green belt land around London, and expects this to result in 1.5 million new homes built in the first five years of the new government.

https://labour.org.uk/updates/stories/labours-housing-plan-how-well-protect-our-natural-spaces-and-free-up-grey-belt-land-for-building/

Will housing starts for the first five years of the current government total over 1.5 million? This will be settled based on Q3 2024 to Q2 2029 of this data;

https://www.ons.gov.uk/peoplepopulationandcommunity/housing/datasets/ukhousebuildingpermanentdwellingsstartedandcompleted

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(M1000 Subsidy) UK builds 300,000 housing units in any year before 2030

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@mods do you think we should change the title so that it's clearer that now it's just predicting housebuilding?

@NathanpmYoung That’s what I would recommend.

@TomFinnie Would you mind editing the question title to remove the “If Labour are elected at the next general election”, since that condition has come true? You don’t have to, but I think it would make the question less confusing and more interesting to traders. You could also remove that N/A clause from the description.

While I agree an edit would help, I think it's important for the original question to be at least pointed to in the title so that you can interpret the past market price. I'd suggest moving the if clause into a parenthetical or something, and making sure the original details are preserved in the question as needed.