England ''may face 1m housing shortfall by 2010''
Date posted: 06 Oct 2009
England could face a housing shortfall of one million by next year, according to the author of a new report published by the Town and Country Planning Association.
Co-authored by David Pretty and Paul Hackett, the Mind the Gap - Housing Supply in a Cold Climate study suggests that a shortfall in the country''s affordable housing supply could lead to social problems further down the line.
Produced for the Smith Institute and PricewaterhouseCoopers LLP, it recommends that the government should now try to tackle issues affecting the release and supply of land.
England could face a housing shortfall of one million by next year, according to the author of a new report published by the Town and Country Planning Association.
Co-authored by David Pretty and Paul Hackett, the Mind the Gap - Housing Supply in a Cold Climate study suggests that a shortfall in the country''s affordable housing supply could lead to social problems further down the line.
Produced for the Smith Institute and PricewaterhouseCoopers LLP, it recommends that the government should now try to tackle issues affecting the release and supply of land.
Mr Pretty said: "Our analysis shows that in England we could be approaching a one million housing shortfall by the end of 2010.
"With production at its lowest level in 80 years, the gap between housing supply and demand will, this year alone, be around 150,000 homes, equivalent to the size of Nottingham."
Meanwhile, figures from Nationwide last week suggested house prices rose by 0.9 per cent in the UK last month.
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