Wednesday, Jul 19, 2006

A discrepancy at the heart of government home owner statistics?

PricedOut.org.uk: A discrepancy at the heart of government home owner statistics?

The article highlights some conflicting figures at the heart of government claims that home ownership is on the rise.


"71% of people now own their own homes proclaims the government. Owner occupation continues to rise steadily according to DCLG statistics. Sounds good doesn't it... but is it too good to be true?"

Posted by doublebubbletrouble @ 11:44 AM (547 views)
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2 Comments

1. Surfgatinho said...

Depends what you mean by own! If having a 95% intrest only mortgage means owning then yeah, whatever.

Wednesday, July 19, 2006 02:28PM Report Comment
 

2. uncle tom said...

There's a detail missing from his logic - 'right to buy' is still alive and well, and council housing is continuing to be sold off, while the build rate in that sector is virtually zero.

It's too hot to dig out the stats, but I think this is the answer to the discrepancy

Wednesday, July 19, 2006 05:04PM Report Comment
 

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