Is a lack of reasonably priced land keeping house prices high?
In 1936-37 a record 370,000 new homes were built. Over 300,000 new homes were also built each year in 1951 to 1953.
Today only around 100,000 new homes are being built - a shortfall of 130,000 each year.
Reasons vary from the high cost and supply of development land to the lack of availability of first-time buyer mortgages.