The UK2070 Commission today publishes a report titled “Rethinking the Housing Crisis: the Challenges and Opportunities in England’s combined authority areas”, written by Dr Leonard Gibbs, Dr Wei Zheng and Professor Cecilia Wong from the University of Manchester.
The report reveals the key changes in housing tenure in England, showing the high rates of growth in outright ownership and private renting and the related issues around housing affordability for new entrants and renters. Using geo-mapping, the report highlights the different housing markets within England, showing the places where the market is overheated and those where prices are declining or failing to keep up with inflation. The report shows the clear divides in England’s housing market and the impacts and influences on inward migration. The report shows the complexity of factors influencing housing affordability, demonstrating the need for regional and local solutions, and makes the continuing case for levelling up in the North of England.