By Daniel Hunter

The Royal Institution of Chartered Surveyors (Rics) has said successive governments have failed to produce a coherent long-term strategy for housing.

The Rics housing commission said in a new report that some of the coalition's policies were providing short-term help for the house-building industry.

However, they went on to argue that ministers' lack of consistency over the past 50 years has exacerbated the failures of the market.

The current government claims that it is merely 'cleaning up the mess' left by its predecessor.

But Labour's Jack Dromey said the coalition had failed to prevent the "biggest housing crisis in a generation". The Rics study concluded that the housing market has not delivered enough homes at affordable prices.

It welcomed the government's Help to Buy scheme - which lends people up to 20% of the value of a new-build home - but called for further action to increase the supply of properties.

"Governments must increase the scale of their ambitions to match the scale of the challenges," it said.

Join us on
Follow @freshbusiness