Record house prices are being pushed up by an increasing
lack of social housing and scarcity of truly affordable homes, say campaigners.
The average cost of a house is now £286,000 after rising by 6.1 per cent in the
12 months to September this year, according to Office of National Statistics
data. Meanwhile, average prices in London increased by 7.2 per
cent to an eye-watering record high of £531,000. The housing crisis is being
worsened by the Tory government failing to make provision for affordable home
ownership and building of council properties in its widely criticised Housing
and Planning Bill. Read more on the Morning Star website.
A fifth of California homes are investor-owned as state’s affordability
crisis deepens – report
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New figures show that the Golden state’s rate of investor-owned homes is
19%, with mountain regions up to 83%
One in five homes in California is owned by...
1 day ago
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