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Why The Demand For Houses And Increasing Prices



H


ouses prices in the UK          National Party and the other      
have gone through the roof      far-right wing political parties  
(no pun intended) in recent     in the UK.                        
years as demand is outstripping                                         
supply. Can eco homes make a          But, if you fly by air over the   
difference?                           UK you will see miles and miles   
                                      of beautiful countryside, so is   
First, lets look at the demand on     it that people choose to live in  
housing. Over the previous            crowded cities not realizing that 
decades people have started to        space is plentiful in the         
marry later in life, get divorced     countryside? The problem with     
more often and live longer. All       country homes is the lack of      
of which have meant an increase       amenities and the high prices due 
in single person (and parent)         to the beautiful location and     
households – either by choice or      this is not helped by those rich  
situation!                            city people that have bought      
                                      second homes in the countryside   
The increase in the general           and only visit at the weekends    
population (now 60 million in the     and holiday times. This pushes    
UK for the first time) has been       the prices up for the current     
aided by an influx of Polish and      village residents that may not    
EU immigrants in recent years         have the incomes to match the     
that has lead to further              rising house prices. This often   
pressures of housing, although it     leads to resentment by local      
has to be noted that they tend        residents as some villages in the 
not to live in single households      UK are half empty though out the  
and live in shared households to      winter and non-holiday times      
keep costs low. Immigration and       leading to local facilities such  
the demand on housing has been        as shops and pubs closing down.   
highlighted by the British                                              



Some people are now living in         administrative duties of          
caravan style homes and buying        collecting the weekly rents.      
flat pack homes are increasing in     Maybe this is something the       
popularity due to the cost            government could make more        
savings involved. Houses made of      attractive to house builders in   
straw are another eco method          the way of tax incentives to help 
becoming popular due to its           first time buyers get on the      
insulating properties. Other          housing ladder.                   
schemes involve two strangers                                           
buying a house together so that       I am lucky in that myself and my  
they can get a foot on the            partner earn enough to buy our    
housing ladder. Some housing          first home but still money is     
associations allow you to buy a       tight and I just hope that        
percentage of the home 25-75          interest rates dont continue to   
percent normally and then pay         rise which could make it          
rent until you can afford to buy      difficult for us and thousands    
the remaining share. This would       throughout the UK that already    
be a good deal for the housing        struggle with high mortgage       
associations as they could            repayments due to the increasing  
recover the cost of the build via     prices. I sometimes wish that I   
a 75% cost sale and make money on     had trained as builder then I     
a weekly basis due via the rents.     would never be short of work….or  
Then again, they could just make      money!                            
a profit by selling 100% of the       

                              
house and they wouldnt have the       




About the Author:

I work with the Green and Ethical directory GuideMeGreen.com .This growing green resource lists 100s of Organic, Fairtrade, Eco and Ethical companies, Jobs and Article


Read more articles by: Davina Livsey

Article Source: www.iSnare.com


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