Monday, Mar 26, 2007

Labour 1st govt ever to cause decline in home ownership

BBC News: Owner occupation falls in England

The number of owner-occupied homes in England has fallen for the first time since official records began in 1939.

There were 14.62 million owner occupied homes in England last year, according to the Department for Communities and Local Government (DCLG).

That was 25,000 fewer than in 2005, because of a drop in the number of people buying a home with a mortgage.

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