Thursday, 6 February 2014

Shanty town dwellers

In February 2014, the ‘Property Drum’ web site told us this:
“England faces a shortfall of 750,000 homes by 2025 according to a new report from IPPR. Could this mean that we will regress to be a nation of shanty town dwellers as people find it impossible to find a home they can afford?

New analysis of official government projections show that if the economy bounces back the gap between supply and demand could be equivalent to the entire housing demand of the populations of Birmingham, Liverpool and Newcastle combined. IPPR analysis shows how… even a faltering economy will lead to demand for more than 200,000 additional homes each year.

The best case scenario for the economy will require more than 280,000 extra homes each year. But if housing supply continues at the rate of the last twenty years, around 160,000 additions per year – the gap between the number of households and the number of available homes ranges from 255,000 and 1.2 million by 2025.

Using the Government’s own projection for household growth, IPPR analysis shows that England will be 750,000 homes short of the required housing demand by 2025…

The report shows that the social housing sector in particular will be under extreme pressure, no matter how the economy performs in future. If the economy performs poorly, up to 1.2 million households will priced out of the private sector and will need social housing. Even under good economic circumstances, an additional 550,000 households will need social housing by 2025.”
Shanty towns. After the ultimate promise of the foftyies and sixties, our foul, anti-British leaders have created this situation in just fifty years. Fifty years of immigrant-first, indigenous-last treachery.

Shanty towns? Concrete over England? If we don't take our country back real soon, it’s one or the other, I reckon.

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