Friday, December 8, 2006
Too few new houses?
The article generally is about elements of the pre-budget report, but the first of these is about housing. The maths in summary is:240,000 new homes needed each year to address the existing backlog and meet future need 184,000 dwellings are being created every year 23,000 extra dwellings per year could be created at identified "New Growth Points" and on Government land.This still leaves an undersupply of 33,000 homes per year...Undersupply preventing HPC? Opinions...?