Thursday, May 21, 2015
Just a shortage of affordable houses
That there is a chronic shortage of housing in this country has become a sacred shibboleth. Politicians make solemn pledges to build 200,000 more homes by some vague future date to offset this supposed shortage. But the market is still way off the volumes of previous decades. Is there really a shortage of property in this country, and is this the main factor in ever increasing prices? Merryn doesnt seem to think so.