Cornish housing crisis decades ahead
Local MPs have lashed out at Housing Ministers after confirmation that the national housing crisis predicted in twenty years is already happening in Cornwall. According to new research from the Government's National Housing and Planning Advice Unit, by 2026 housing prices across the country are expected to have risen to ten times average annual earnings. House prices in Cornwall, however, frequently exceed that, as they have risen at an exceptionally fast rate over recent years while incomes have remained well below national averages.
7 Jun 2007
