Property News · November 27, 2018

Property downturn 'could halve building of affordable homes'


Savills estimates about 100,000 new homes a year need to be priced below going market rateA major downturn in Britain’s housing market could halve the building of affordable homes, the property firm Savills has warned.Savills estimates that about 100,000 new homes a year – a third of the government’s 300,000 target – need to be priced at levels below the going market rate, whether for rent or for sale. Continue reading…

Source : theguardian.com
Read more…Property downturn ‘could halve building of affordable homes’

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