Thursday 2 June 2011

David Prosser: How to build more houses and make a profit for taxpayers - Business Comment, Business - The Independent

David Prosser: How to build more houses and make a profit for taxpayers - Business Comment, Business - The Independent

Outlook This is turning out to be a dismal week for the housing market. Hard on the heels of warnings about a whole generation of would-be buyers being priced out of the market – and calls for limits on mortgage lending, which would only add to the problem – came yesterday's home loan figures. They show the number of people taking out mortgages is still falling.

Those who seek to address the housing market's woes sooner or later all come up against the root cause of the problems: there are simply too few houses in the places where they are needed and new stock is not being built .....

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