Decline in new homes
Decline in new homes
- 2001
- Construction News (6745) 6 December 2001, 5(1) .
Newly released government housing statistics reveal that only 58,000 homes were built in London and the South-East between 1996 and 2000. Meanwhile, the number of buyers searching for new property rose by more than 6% to 184,000 over this period. House builders are blaming exorbitant planning gain demands, known as s106 agreements, for this fall in the number of new homes.
HOUSING STATISTICS
SOUTH-EAST ENGLAND
LONDON
NEW HOMES
PLANNING GAIN
TOWN AND COUNTRY PLANNING ACT 1990 S106
CONSTRUCTION MARKET
Newly released government housing statistics reveal that only 58,000 homes were built in London and the South-East between 1996 and 2000. Meanwhile, the number of buyers searching for new property rose by more than 6% to 184,000 over this period. House builders are blaming exorbitant planning gain demands, known as s106 agreements, for this fall in the number of new homes.
HOUSING STATISTICS
SOUTH-EAST ENGLAND
LONDON
NEW HOMES
PLANNING GAIN
TOWN AND COUNTRY PLANNING ACT 1990 S106
CONSTRUCTION MARKET