Housing affordability concerns grow

Only one in five people in Britain believe that there are enough affordable homes after the steep rise in house prices during the pandemic. Two thirds of Britons surveyed by Lloyds Banking Group said that the housing market was not providing quality accommodation at a low enough price. Almost two thirds expect prices to rise in the next three years. Fifty-seven per cent of young people are optimistic about getting on the property ladder, yet 64% cited affordability as a top concern, with lack of social housing a worry for 47% of respondents. A dearth of rental properties was a factor for 39% of young people. 

The Times (10/12/2021)