Labour has said ministers' decision to scrap housebuilding targets in England could cost renters an extra 200 a year by 2030.The shadow housing secretary, Lisa Nandy, said Labour is the party of homeownership as the local elections campaign entered the final straight.Nandy said Labour would not treat tenants like second class-citizens and said the government's approach to housebuilding, including withdrawing a 300,000-a-year target, would lead to the lowest rates of new-builds completed since the second world war.
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