Wednesday, 15 June 2016

Housing Supply Is Going To Get A Lot Worse

Britain's housing crisis could get much worse because there aren't enough builders to supply the homes needed to address the country's supply and demand balance, according to a survey conducted by estate agent Knight Frank. Questioning a number of Britain's biggest housebuilders, the survey found that 73% thought "the cost and availability of labour will have a negative impact on future housing supply." There was also a general concern that a Brexit — Britain voting to leave the EU — will only make the acquisition of skilled builders harder thanks to the "impaired" movement of labour. Read more on the Yahoo! News website.

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