Shortfall of 1m homes by 2010 could send prices soaring when recovery comes, says Pre

Rochdale_Pioneers

Its very simple. The demand for housing that helped push prices up has only gone away because mortgages are only offered to people who have slept with the bank manager. Once mortgages become available again we will still be faced with not enough family housing for the demand.

We need to start building houses again.

Cleaver

chewmylegoff wrote: »

The underlying shortage of homes in England could reach "dangerously high" levels of more than 1 million in less than two years, according to David Pretty CBE, Chairman of the New Homes Marketing Board.

i stopped reading at the point highlighted above.

I think that's very harsh.

On a separate note I was speaking to the Chairman of the Pork and Pork Products Association yesterday and he was predicting big things for piggies and piggy products in 2010 too. You heard it here first folks.