House Building - UK - December 2016
“The housebuilding industry is enjoying a period of strong growth and rising profitability, though output remains low compared with historic levels despite that growth. The real issue is that annual house completions are running at about half the 250,000 figure the government identifies as necessary to meet future housing demand, with major obstacles to overcome to bridge that gap.”
– Terry Leggett, Senior Analyst
This Report answers the following key questions:
- Will the February 2017 government White Paper address the housing shortage?
- Are first-time buyers being priced out of the market?
- Housebuilding is cyclical, so would a slowing economy reduce output despite demand?
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