Friday, April 15, 2011
Record immigration plus a record low in house building equals?
We are often quick to dismiss the "housing shortage" argument but could we be ignoring the major cause of high house prices in this country. This article tells us that â€œthree million foreigners were added to the population during the party's 13 years in powerâ€. How could that not put a strain on the housing supply, at a time when we are building fewer houses than ever?