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Housing

1.             decline in building

A.            recession

B.            high prices

C.            interest

2.             first time buyers problem

3.             local authorities forced to sell council houses(few to rent)

4.             restrictions on private rent and throw out

5.             few get house from gov

6.             young dont live with parents

7.             ageing pop

8.             80mortgage 1/5 average pay, interest to 16%, went 2/5

9.             no tax relief

0.             25%paid from rising savings and income

1.             low inflation didnt allow price rise

2.             builders built to 89

3.             negative equity

4.             indebted people

 

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