From Keith Exford, Chief Executive of leading housing association, Affinity Sutton:
‘Housing markets are very different around the country,’ he said. ‘The case for increasing supply in London is pretty compelling because of huge demand and significantly higher prices. But in some parts [of the country] it’s difficult to argue that we should be building new homes.’
Like much of the North really...
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1 comment:
Housing markets are simply a symptom of demand. They accurately reflect the background economics of an area.
If it was ever thought appropriate to redress the balance between markets with 'high' and 'low' profiles, then a strategic process of redirecting investment, transport infrastructure and jobs away from the South East would have the effect over a generation.
Guess what ? They'll never do that because 'they' are all sitting pretty in the South East.
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