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Where is first rung of the housing ladder? challenges and risks of a longstanding imbalance of supply [electronic resource]

By: Language: English Series: Housing Intelligence ; (8) June 2007Publication details: London Hometrack 2007Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Examines the notion of the first rung of the housing ladder, and attempts to identify the stock represented by it. On the basis that this first rung consists overwhelmingly of one-bedroom properties, the report concludes that there are only 800 000 properties within this sector. Family sized homes dominate the nation?s housing stock. This results in distorted prices, with one- and two-bedroom prices compressed closely to those of larger homes. Increased supply aimed at improving affordability should be targeted at key market pinch points. Warns that encouraging greater owner occupation of smaller homes may not be the solution.
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Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 140304-1001

Examines the notion of the first rung of the housing ladder, and attempts to identify the stock represented by it. On the basis that this first rung consists overwhelmingly of one-bedroom properties, the report concludes that there are only 800 000 properties within this sector. Family sized homes dominate the nation?s housing stock. This results in distorted prices, with one- and two-bedroom prices compressed closely to those of larger homes. Increased supply aimed at improving affordability should be targeted at key market pinch points. Warns that encouraging greater owner occupation of smaller homes may not be the solution.