Thursday, February 17, 2011
Builders and the BOE are all in it together
The number of new homes completed in England last year fell to its lowest level since 1923, Government figures showed today. Just 102,570 properties were built in 2010, 13% less than in the previous 12 months, and the lowest level during peacetime since 1923, according to Communities and Local Government. Yet the population is growing by roughly 220,000 households per year. No wonder we don't have a crash yet.