Building Societies Association
The 2007/8 UK Housing Review has been published by the BSA and the Chartered Institute of Housing.
The Review contains a wealth of statistics on the UK housing stock, along with articles from a number of commentators, including the BSA’s Business Economist Andrew Gall, on recent developments and trends in the market.
The statistics in the Review demonstrate the increasing importance of the private rented sector as high property prices increasingly mean that people unable to buy have little choice but to rent a home.
According to the Review, the private rented sector has grown by 21% across the UK over the last five years, and as a consequence, is now fulfilling an important role in the housing market. With rates of population and household growth continuing to outstrip current and planned new house building, private rented accommodation is likely to become even more important in the future.
Copies of the Review can be obtained from Katie Errington at the BSA and cost £40+£5 postage and packing.
