“…The tendency of the housebuilders in England to deliberately restrict output to maintain prices had been conclusively demonstrated in a succession of government investigations. The Barker Review of Housing Supply (Barker 2003), the Callcutt Review (2007 and the Letwin (2018) review, and the industry's own reports, all confirm the practice of drip-feeding the supply of new homes onto the market, with fewer than 60 homes completed per year, per sales outlet, across all housing construction sites. The most recent research suggested further reductions in build-out rates with the average number of homes now falling to 45 homes built per year per site (Lichfields 2021).…”