Warning of Housing Crisis

Housing Crisis will get worse in United Kingdom 

UK .- "The National Housing Federation (NHF) has warned that a chronic under supply of homes is plunging the house market in to crisis. A study by the National Housing Federation (NHF) predicts that home ownership in England alone will fall from 67 per cent to 63.8 per cent over the next decade.

Oxford economics commissioned research recently that showed home ownership has been steadily falling for the last 10 years and this could decline further from its current rate. This forecast is based on assumptions that affordability will worsen as employment and wages fall and house prices rise over the next 5 year."

mortgagerates.org.uk

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