Wednesday 22 March 2017

Housing Crisis Looms As Population Growth Outstrips New Builds

Manchester’s population is growing nearly 15 TIMES faster than homes are being built, new analysis reveals. Stagnating levels of house-building in the city combined with a surging population is likely to mean the current housing crisis will only get worse over the next few years. According to the latest official figures, just 290 homes were built in the city in 2015-16, bringing the total number of dwellings (houses and flats) to around 218,500. That translates to a growth in Manchester housing of just 0.13 per cent between 2015 and 2016. In comparison, the population of the city grew by more than 10,000 people between mid-2014 and mid-2015 - the latest data available. Read more on the MEN website.

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