Tag: housing
Colossal scale of building challenge revealed by BBC’s new housing tracker
Some local councils in England would need to see at least a five-fold increase in new housing to meet government targets, analysis by BBC Verify suggests. The BBC’s figures lay out the immense challenge Labour has set itself in government with its “milestone” of building 1.5 million new homes in England over five years. In…
Australia’s housing market ‘buckling’ under widening gap between income and home values, report finds
Australia’s housing downturn is being driven by a widening gap between income, borrowing capacity and home values, but the dip is likely to be “shallow and short-lived”, a new report has found. Sign up for Guardian Australia’s breaking news email “After almost two years, the housing market appears to finally be buckling to these pressures,”…