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2013-12-10

GOOD NEWS ON HOUSE PRICES: "Housing double whammy: A whole generation 'won’t be able to buy or rent a home'"


Link to The Independent

"A generation of Britons faces a housing 'double whammy' as a growing number of people cannot afford to buy or rent a home, according to a report published today.

"The study warns that house prices are set to rocket by 35 per cent by 2020 and that private sector rents are likely to soar by 39 per cent over the same period. It said that the 'two broken housing markets' mean an extra 310 working people a day – one every five minutes – turn to the Government for housing benefit."

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