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Employers In West Consulted Over Housing Problem

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11:00 - 25 May 2006

Westcountry employers are to be the
first in the UK
to be asked for their views about the availability and affordability of homes in the region, it has been claimed. The South West Housing Initiative is hoping to find out how the region's housing crisis is affecting employers' recruitment, pay claims and plans to keep their business in the region.
Figures released by the Land Registry recently showed the average price of a house in the South West between January and March this year as £198,952.
Michael Clarke, former South West chairman for the CBI and current chairman of the South West Housing Initiative, said: "This region has the UK's biggest housing problem.
"But it is crucial that businesses - the drivers of economic growth - have a voice in the debate."

Watch it all self-destruct! :lol::lol::lol::lol::lol:

Edited by Realistbear

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CBI have constantly called for low rates to stiumulate consumer spending.

Weve had it, plus shed loads of debt and increased costs. These people are now complaining about problems which they themselves have helped to create.

Truly stupid. The jobs are going abroad and it is now too late to stop the process, the cost differentials are just too high.

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Interesting one - REAL inflation is feeding into the jobs market - as house prices rise it's getting cheaper (relatively) for firms to get labour abroad

In the old days this would have pushed up wage inflation - now with economic motivated immigration and outsourcing cheap labour abroad thats not a problem....

Edited by dnd

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  • 301 Brexit, House prices and Summer 2020

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