Mar 11
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England Faces Shortage of 750,000 Homes
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Published by Bloomberg Businessweek
on Sunday, 13 Mar 2011 by Svenja O’Donnell
on Sunday, 13 Mar 2011 by Svenja O’Donnell
England faces a shortfall of 750,000 homes by 2025, with London forecast to experience the worst mismatch between supply and demand, the Institute for Public Policy Research said.
London will have a shortfall of 325,000 houses, followed by Yorkshire and Humberside in the north of the country with 151,000 homes, the London-based organization, which uses the government’s own projections for household growth in its forecasts, said in an e-mailed report today.
