The RLA says choking off PRS investment is “folly” in the
face of falling rates of homeownership among young people. A report from the
Institute for Fiscal Studies (IFS) shows that just 27% of 25-34 year olds with incomes
in their middle 20% for their age are homeowners compared with 65% in 1995/96.
David Smith, RLA policy director, said such a huge increase means not only more
young people renting – but for longer periods. This shows the folly of
government policy imposing higher taxes to deter investment in new homes to
rent.” Read more on 24housing.
Approval of east London datacentre labelled ‘slap in the face’ for local
democracy
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Campaigners decry Angela Rayner’s backing for Brick Lane project that has
only 11 affordable homes
A £500m redevelopment of the Truman Brewery estate in ...
3 days ago
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