Thursday, May 25, 2006

Too little housebuilding, too late, too expensive

Firstrung: The affordable housing crisis is worsening by 165 homes per day

Although the number of homes being built is increasing, with a 17% rise in new homes completions in the first quarter of this year compared to the same period in 2005, 70% of all homes built are now priced at more than 150,000. The increase in housebuilding also masks a sharp fall in the number of affordable homes being built by housing associations.

Posted by Converted Lurker @ 10:31 AM (672 views)
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1. Autopilotengage said...

Hmm, can't help but think this report is heavily biased; supplied by a firm whose business is selling warranties on new homes!!

Thursday, May 25, 2006 11:05AM Report Comment

2. Inbreda said...

A blatant attempt to gain attention - they really only had the choice of saying that their business is going from strength to strength with plenty of future potential (i.e. affordable housing crisis gets worse) or they were going to shoot themselves in the foot by saying that their profits will shortly be declining. Hardly surprising really.

Thursday, May 25, 2006 02:27PM Report Comment

3. The Bald Man said...

Does any one believe statistics produced by companies with a vested interest in house building!! House builders and road builders would cover every inch if the Uk with brick and tarmac. its how they make their money.

Once the bubble bursts the problem will disappear!

Friday, May 26, 2006 09:14AM Report Comment

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