homes
Newham, Stoke, ‘social cleansing’ and economic growth
Kevin Gulliver reports on the housing crisis in the UK, and its role in yesterday’s negative growth figures, dragged down by the construction contraction.
Cameron’s economically irrational Right to Buy relaunch won’t solve housing crisis
David Cameron’s Right to Buy relaunch yesterday is economically irrational and won’t solve the nation’s deepening housing crisis, writes Kevin Gulliver.
More evidence housing market has lost its momentum
Figures released today by the Bank of England suggest households’ demand for borrowing remained weak in September. Net lending secured on dwellings (i.e. mortgage borrowing) increased by only £0.1 billion in the month and was just 0.8 per cent higher than in September 2009.