Several bloggers have complained that homes are too dear in the UK. They have advocated policies to bring the prices down further, following the falls of recent years outside London.
I have been finding out if there are better value homes already available in the Uk that individuals on average income or below could afford. I accept that London is now very dear for all of us. I am pleased to report that there are numerous cheaper homes in our larger cities outside the capital. On one site I found 398 homes for sale under £60,000 in Liverpool, 108 under £60,000 in Manchester, 52 under £60,000 in Nottingham and 59 under £60,000 in Birmingham. Any of these could make homes for people with a job or going into business in these great cities.
Nearer to London things do get dearer. Even here there are 35 homes for sale under £100,000 in Wellingborough, 51 in Corby, 55 in Swindon and 63 in Hastings on the one internet site. Close to London there are park homes and shared equity properties in the lower price ranges.
The UK’s housing problem is not a simple case of too few homes in London and the hotspots. It is also a case of more homes in some places than there are people wishing to live there. Policy needs to find more ways to encourage people to make their homes and find their employment in the great northern towns and cities and in other locations outside London, where there is more residential property available at more affordable prices. All three main parties in the Commons want a better balanced UK. There are policies being followed to create one. The debate needs to be about how we can accelerate that process, so more of the empty homes on the market can be used.