England Faces Shortage of 750,000 Homes

Published by Bloomberg Businessweek
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.

“Britain needs to build more homes,” …

Tags: Bloomberg, forcast, growth, homes, household, houses, London, property, shortfall

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