Property News · November 30, 2016

Housebuilding is up – but what type of homes are being built?


Housing stock is growing, office conversions are increasingly popular, but new social housing completions are much less healthyAny discussion on the UK housing crisis invariably jumps straight to housebuilding: build more houses, and house prices and rents will fall, proponents claim. The recent Labour-commissioned Redfern Report argues it’s a little more complicated than that, as life tends to be. When surplus stock has increased or decreased from one year to the next, the impact on house prices is negligible.But houses are being built: according to Department for Communities and Local Government (DCLG) figures, there were 189,650 dwellings completed in England in the financial year ending March 2016, up 11% on the year before. Continue reading…

Source : theguardian.com
Read more…Housebuilding is up – but what type of homes are being built?

You may also like...