Britain will never build enough houses to make property
affordable for young people, according to research. A study presented to the
Royal Economic Society’s annual conference said those hoping to get on the
ladder may have to rely on windows of opportunity created by periodic slumps in
the market. However, the overall trend will remain for residential property
price rises to outpace salary growth, according to economists at the University
of Reading. The government has discussed moves to increase the supply of homes
but the changes are on far too small a scale to act as a brake on price rises.
Read more on the Telegraph website.
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