The present government is wrestling with the unrealised desires of house-buyers to secure a home at an affordable price – like previous governments. A strong “buy-to-let” (BTL) market and the benefit to house-builders to maintain tight supply, among other reasons, has kept demand stronger than supply. Increasingly, an aging population could now undermine attempts to allow more people to join the house-owning population.
Continue reading “Shifting demographic forecasts will undermine housing plans”