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2
Jun
The Recovery of the Property Market
In
the opinion of the Property Investors Network (CIN ) the slowdown
experienced by the UK 's housing market will not last forever.
Founder Simon Zutishi notes that " People keep coming to the
country, immigration, increasing population, changing social
demographic trends, long - term prices will go up again but it's
not going to happen in the next year or two."
Last year the government launched a Housing Green Paper, where
by plans to build three million new homes by 2020 were laid
out.
Mr Zutshi also feels that the demand for housing is not going to
be met by supply.
If you look at the statistics, the government say we need three
million houses by 2020 - we're only building 175,000 a year at the
moment, if we need three million in the next twelve years we need
250,000 a year, so we are not going to have enough
accommodation.
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