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Why does the UK have a housing crisis?

Why does the UK have a housing crisis? FOR SALE can be surprisingly time- Selling your home - especially if you've never done it before consuming and emotionally challenging. With no experience and a complex, emotional transaction on your hands, it's easy for first-time homesellers to make lots of mistakes. Read on to find out how you can get the highest possible price for your home within a reasonable time frame - without losing your mind. Depleted housing stock Due to failures of successive governments since the 1980s, there is an insufficient amount of stable, affordable housing in the UK. For the first time in 2012-2013, the private rented sector was larger than the social rented sector. More Families are Letting From Private Landlords There are now more than 9 million renters in private rented accommodation, including 1.3 million people with children. For some, renting can be extremely unstable, and rents & letting fees continue to soar. Home Ownership is Slipping Out of Reach Average house prices are now seven times the average income, and it is becoming very hard for young people to save up and buy a house of their own. In the last decade, home ownership has fallen for the first time since records began. HOUSE FOR SALE $$$$$ Housing Costs are Spiralling The cost of both getting on the housing ladder, and indeed the cost of renting, are both rising all the time. House repossessions in the UK stood at 28,900 in 2013. 3. Arguments Over Land Use Rural communities and people who live in so-called "green belt" communities have arguably made a number of housing projects more difficult. This puts added crowded urban areas. pressure on already over- created by http://www.dyerenvironmental.co.uk/ II

Why does the UK have a housing crisis?

shared by SallyBraith on May 17
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Housing demand is at an all-time high in the UK, with affordable housing out of reach for many. What is the source of the UK housing crisis? Credit to http://www.dyerenvironmental.co.uk/

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