Decisive action is essential to tackle Britain’s housing market problems
August 30, 2011
Tom Bailey
The report by the National Housing Federation (NHF) published today warns of the dire state of the UK housing market. As a result of ‘a chronic under-supply of homes’, we are likely to see a fall in people owning their own homes over the next decades with a forecast that the average house price in England will ‘rise by 21.3% over the next five years from £214,647 in 2011, to £260,304 in 2016’. For some, this will come as good news. Read more of this post
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