Meeting the housing requirements of an aspiring and growing nation [electronic resource] taking the medium and long-term view
Meeting the housing requirements of an aspiring and growing nation taking the medium and long-term view [electronic resource]
- Fareham NHPAU 2008
Summary: Background to developing our advice -- The strategic and policy context for our advice -- What our supply range advice is and what it is not -- Delivery and the short-term versus long-term outlook -- Working with the regional partners -- Developing our advice -- Affordability analysis: Baseline affordability results -- Household and population projections -- Growth in earnings -- Mortgage interest rates -- Main affordability results -- Demographic method: Base household projections -- Backlog of constrained need and demand -- Additional demand for second homes -- Expected vacancies in new supply -- Total supply range derived from the demographic method -- Synthesis: Bottom end of the range -- Upper end of the range
Discusses the government aim that all people should have access to reasonable housing at affordable prices. The key indicator for affordability is the ratio of lower quartile house prices to earnings and this study states that this has fallen from 4 in 2000, to 7.25 in 2007 and looks likely to fall to 8.26 by 2026. Recommends possible solutions to affordable housing availability including: government commitments to providing a net increase of 240,000 houses per year; increased flexibility for regional planning authorities to meet the demand and also provides a discussion on balancing quantity with appropriate housing types. Advice has been developed through a combination of the CLG Affordability Model and traditional demographic profiling.
Advanced
England and Wales--1543-
306.1 $2 18
Summary: Background to developing our advice -- The strategic and policy context for our advice -- What our supply range advice is and what it is not -- Delivery and the short-term versus long-term outlook -- Working with the regional partners -- Developing our advice -- Affordability analysis: Baseline affordability results -- Household and population projections -- Growth in earnings -- Mortgage interest rates -- Main affordability results -- Demographic method: Base household projections -- Backlog of constrained need and demand -- Additional demand for second homes -- Expected vacancies in new supply -- Total supply range derived from the demographic method -- Synthesis: Bottom end of the range -- Upper end of the range
Discusses the government aim that all people should have access to reasonable housing at affordable prices. The key indicator for affordability is the ratio of lower quartile house prices to earnings and this study states that this has fallen from 4 in 2000, to 7.25 in 2007 and looks likely to fall to 8.26 by 2026. Recommends possible solutions to affordable housing availability including: government commitments to providing a net increase of 240,000 houses per year; increased flexibility for regional planning authorities to meet the demand and also provides a discussion on balancing quantity with appropriate housing types. Advice has been developed through a combination of the CLG Affordability Model and traditional demographic profiling.
Advanced
England and Wales--1543-
306.1 $2 18