UK housebuilders have far too much power. Now a £4.5bn lawsuit could change that for good | Peter Apps
A legal case on behalf of some 700,000 people against the country’s biggest housebuilders could be a catalyst for much-needed industry reform
AI Summary
UK housebuilders dominate the market, controlling land and resources in a way that is unusual compared to other countries. A £4.5bn lawsuit on behalf of approximately 700,000 people could be a catalyst for much-needed reform. The current situation emerged from decades of decline in public housebuilding and a collapse in the number of smaller builders.