Silent Watcher Report post Posted August 10, 2005 I have been pondering a question for some time and I wondered if I could have your thoughts. If 70% of the UK's housing stock is owner occupied and the other 30% presumably rented or empty/holiday homes, is there a significant percentage of the population who are homeless? I only ask this because I can't understand who is going to live in all the new build accomodation. My understanding of Buy-to-let is that I could buy a second property and rent it out to someone who needs a place to live. However, if all of my peers are doing, considering, or have done that same thing, there must be a finite number of people to rent these properties to. Immigration surely cannot make up the numbers to any huge degree, so there must come a point at which saturation occurs. John Prescott wants to build a million new homes. Is he inferring from this that either there are or will be nearly 2% of the population homeless including new immigrants ? Quote Share this post Link to post Share on other sites
