In order to reach this number, the Government has a target to build 240,000 homes every year – a rate not achieved at any point since the early 1990s.
The Housing and neighbourhoods monitor, produced for the JRF by a team of researchers from Manchester University, Glasgow University and Ulster University, analyses key housing and neighbourhood trends across the UK.
The report highlights the following areas of concern:
- There are shortages in housing in many parts of the country particularly in southern Wales, large parts of southern and central England and Northern Ireland
- Inequality between areas is a major concern. For example: house prices in South East and South West England are ten times average household incomes in many neighbourhoods
- Housing supply and affordability will continue to be a problem due to the economic downturn and a projected increase in household numbers
Cecilia Wong, Professor at University of Manchester and Project Manager said: "The new website provides a one-stop-shop of key information on housing and neighbourhood trends. It demonstrates clearly the varying degrees of inequality between different parts of the UK, in terms of housing and neighbourhood characteristics. It highlights how far policy goals are actually being achieved in practice and helps to pinpoint the key challenges for each of the four nations. What is clear is that there is an urgent need for more nuanced policy -making that takes better account of the characteristics of an area, especially how local housing markets function."
(CD/BMcC)