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TheCountOfNowhere

Affordable homes crash 50% in price

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right folks...the CRASH word has finally appeared.

 

http://www.24housing.co.uk/news/government-funded-affordable-homes-plummet-by-50/

 

Government-funded affordable homes plummet by 50%

CIH calls for shift in funding as its UK Housing Review briefing reveals government investment in the private market dwarfs support for affordable housing.

 

If they crash 50% maybe they werent affordable to begin with and who's complaining about affordable homes becoming more affordable ?

 

 

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Reading the article it says that it is the number of builds that has reduced by 50% not the value.

Quote

The number of affordable homes funded by the government has plummeted by 50% between 2010/11 and 2016/17

Also an explaination as to why this has happened would have been the massive over-investment in the Olympics in 2012 which required a relocation of people from the slums in east lond and similar places around the country to make way for the horrid ghettos that exist now in places such as Ilford or stratford

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  • 293 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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