Britain could have the biggest population in Europe by 2050 and be the third biggest recipient of migrants in the world, UN projections suggest.
They predict net immigration will average 174,000 a year up to 2050, swelling the population to 72 million.
I knew the population was supposed to be increasing over the next few decades, I had no idea it was by that much.
Thats a net increase of a million people every 5-6 years from now until then.
Given that we only have, theoretically, a million empty homes, (which is not really that accurate as many are second homes, derelict, homes for sale, etc), how many houses need to be built if we add a million people every 5-6 years?
If we do not add enough houses, HPI is inevitable, so what are the realistic chances of adding enough houses to accomodate 2 million more people a decade, and how many houses would it take?