{"id":2580,"date":"2015-05-16T12:34:53","date_gmt":"2015-05-16T12:34:53","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/property-prices-likely-to-double-in-the-next-10-years\/"},"modified":"2018-02-22T12:07:54","modified_gmt":"2018-02-22T12:07:54","slug":"property-prices-likely-to-double-in-the-next-10-years","status":"publish","type":"post","link":"https:\/\/www.thehouseshop.com\/property-blog\/property-prices-likely-to-double-in-the-next-10-years\/","title":{"rendered":"Property prices likely to double in the next 10 years"},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus -->\n\n<p><span size=\"2\" style=\"font-size: small;\"><img src=\"http:\/\/www.quicksalehouses.co.uk\/wp-content\/uploads\/2012\/02\/house-price-fall.jpg\" alt=\"\" align=\"none\" \/><br \/>\n<\/span><\/p>\n<div>\n<p><!-- [if gte mso 9]&gt; 0 0 1 327 1864 Property Data MEdia LLP 15 4 2187 14.0 96 800x600 &lt;![endif]--><!-- [if gte mso 9]&gt; Normal 0 false false false EN-GB JA X-NONE &lt;![endif]--><!-- [if gte mso 9]&gt; &lt;![endif]--><!-- [if gte mso 10]&gt; \/* Style Definitions *\/table.MsoNormalTable{mso-style-name:\"Table Normal\";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-priority:99;mso-style-parent:\"\";mso-padding-alt:0cm 5.4pt 0cm 5.4pt;mso-para-margin:0cm;mso-para-margin-bottom:.0001pt;mso-pagination:widow-orphan;font-size:10.0pt;font-family:Calibri;}&lt;![endif]--><!--StartFragment--><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"line-height: 115%; font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\"><a class=\"wl-entity-page-link\" title=\"House price index\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/house-price-index\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/house_price_index;http:\/\/yago-knowledge.org\/resource\/House_price_index;http:\/\/rdf.freebase.com\/ns\/m.0gn3x3;http:\/\/dbpedia.org\/resource\/House_price_index\" >House prices<\/a> in England are set to double in the next decade unless more action is taken to tackle the broken <a class=\"wl-entity-page-link\" title=\"Real estate economics\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/real-estate-economics\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/real_estate_economics;http:\/\/rdf.freebase.com\/ns\/m.04t2q1;http:\/\/dbpedia.org\/resource\/Real_estate_economics\" >housing market<\/a> in Britain. Thats the conclusion of a new report from housing charityShelter which says that the average price of a <a class=\"wl-entity-page-link\" title=\"homes\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/housing-estate\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/housing_estate;http:\/\/rdf.freebase.com\/ns\/m.01rtvp;http:\/\/dbpedia.org\/resource\/Housing_estate\" >home<\/a> in England is set to rise to 446,000 by 2024.<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify;\"><span style=\"line-height: 115%; font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">\u00a0<\/span><\/span><\/p>\n<p style=\"text-align: justify; line-height: 115%; margin: 0cm 0cm 10.0pt 0cm;\"><span style=\"font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">There search, collected by Shelter and KPMG, found the cost of a home could quadruple in 20 years if there is not a major <a class=\"wl-entity-page-link\" title=\"House-building\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/house-building\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/house-building;http:\/\/rdf.freebase.com\/ns\/m.0bryz6c;http:\/\/dbpedia.org\/resource\/House-building\" >house building<\/a> programme. Keep reading to find out more.<\/span><\/span><\/p>\n<p style=\"text-align: justify; line-height: 115%; margin: 0cm 0cm 10.0pt 0cm;\"><span style=\"font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">\u00a0<\/span><\/span><\/p>\n<p style=\"text-align: justify; line-height: 115%; margin: 0cm 0cm 10.0pt 0cm;\"><b><span style=\"font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">Average house price set to hit 900,000 by 2034<\/span><\/span><\/b><\/p>\n<p style=\"text-align: justify; line-height: 115%; margin: 0cm 0cm 10.0pt 0cm;\"><b><span style=\"font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">\u00a0<\/span><\/span><\/b><\/p>\n<p style=\"text-align: justify; line-height: 115%; margin: 0cm 0cm 10.0pt 0cm;\"><span style=\"font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">There search from Shelter and KPMG found that 100,000 fewer <a class=\"wl-entity-page-link\" title=\"Home\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/home\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/home;http:\/\/rdf.freebase.com\/ns\/m.01l0mw;http:\/\/dbpedia.org\/resource\/Home\" >homes<\/a> than are needed every year are being built. Prices of <a class=\"wl-entity-page-link\" title=\"House\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/house\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/house;http:\/\/rdf.freebase.com\/ns\/m.03jm5;http:\/\/dbpedia.org\/resource\/House\" >houses<\/a> are set to double to 446,000 in the next decade and, if current trends continue, the average cost of a house is expected to increase to 900,000 by 2034.<\/span><\/span><\/p>\n<p style=\"text-align: justify; line-height: 115%; margin: 0cm 0cm 10.0pt 0cm;\"><span style=\"font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">\u00a0<\/span><\/span><\/p>\n<p style=\"text-align: justify; line-height: 115%; margin: 0cm 0cm 10.0pt 0cm;\"><span style=\"font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">The <i><a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/building\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/building;http:\/\/rdf.freebase.com\/ns\/m.0cgh4;http:\/\/dbpedia.org\/resource\/Building\" >Building<\/a> The Homes We Need<\/i> report urges the government to take action in order to increase the number of new homes built in the UK. One of the key measures involves giving planning authorities the power to create &#8220;New Homes Zones&#8221; where there would be no development tax and <a class=\"wl-entity-page-link\" title=\"Land tenure\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/land-tenure\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/land_tenure;http:\/\/rdf.freebase.com\/ns\/m.03k4b3;http:\/\/dbpedia.org\/resource\/Land_tenure\" >landowners<\/a> would be able to invest their assets in exchange for shares in any future increases in <a class=\"wl-entity-page-link\" title=\"Value (economics)\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/value-economics\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/value_economics;http:\/\/rdf.freebase.com\/ns\/m.0bhr4z;http:\/\/dbpedia.org\/resource\/Value_(economics)\" >value<\/a>.<\/span><\/span><\/p>\n<p style=\"text-align: justify; line-height: 115%; margin: 0cm 0cm 10.0pt 0cm;\"><span style=\"font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">\u00a0<\/span><\/span><\/p>\n<p style=\"text-align: justify; line-height: 115%; margin: 0cm 0cm 10.0pt 0cm;\"><span style=\"font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">The charity has also suggested that a new National <a class=\"wl-entity-page-link\"  href=\"https:\/\/www.thehouseshop.com\/property-blog\/housing\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/housing;http:\/\/rdf.freebase.com\/ns\/m.0q3zhcj;http:\/\/dbpedia.org\/resource\/Housing\" >Housing<\/a> Investment Bank should be established to provide low cost, long-term <a class=\"wl-entity-page-link\" title=\"Loan\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/loan\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/loan;http:\/\/rdf.freebase.com\/ns\/m.01dnzs;http:\/\/dbpedia.org\/resource\/Loan\" >loans<\/a> for housing providers.<\/span><\/span><\/p>\n<p style=\"text-align: justify; line-height: 115%; margin: 0cm 0cm 10.0pt 0cm;\"><span style=\"font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">\u00a0<\/span><\/span><\/p>\n<p style=\"text-align: justify; line-height: 115%; margin: 0cm 0cm 10.0pt 0cm;\"><span style=\"font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">Addressing the leaders of the three main political parties at the start of the report,Shelter&#8217;s chief executive, Campbell Robb, and KPMG&#8217;s UK head of corporate affairs, Marianne Fallon say the country &#8220;needs a serious <a class=\"wl-entity-page-link\" title=\"plans\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/plan\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/plan;http:\/\/rdf.freebase.com\/ns\/m.018jrr;http:\/\/dbpedia.org\/resource\/Plan\" >plan<\/a> to transform housing supply&#8221;.<\/span><\/span><\/p>\n<p style=\"text-align: justify; line-height: 115%; margin: 0cm 0cm 10.0pt 0cm;\"><span style=\"font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">\u00a0<\/span><\/span><\/p>\n<p style=\"text-align: justify; line-height: 115%; margin: 0cm 0cm 10.0pt 0cm;\"><span style=\"font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">They write: &#8220;If the next government shies away from showing the strong leadership needed, having a home of your own to <a class=\"wl-entity-page-link\" title=\"rental\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/renting\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/renting;http:\/\/rdf.freebase.com\/ns\/m.01y857;http:\/\/dbpedia.org\/resource\/Renting\" >rent<\/a> or buy affordably will become a distant dream for an increasing number of people in this country.Rents will rise and homelessness will increase. The economic recovery will beheld back by high housing costs, an immobile workforce and unstable housing <a class=\"wl-entity-page-link\" title=\"market\" href=\"https:\/\/www.thehouseshop.com\/property-blog\/market-economics\/\" data-id=\"http:\/\/data.wordlift.io\/wl0502\/entity\/market_economics;http:\/\/dbpedia.org\/resource\/Market_(economics)\" >markets<\/a>.&#8221;<\/span><\/span><\/p>\n<p style=\"text-align: justify; line-height: 115%; margin: 0cm 0cm 10.0pt 0cm;\"><span style=\"font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">\u00a0<\/span><\/span><\/p>\n<p style=\"text-align: justify; line-height: 115%; margin: 0cm 0cm 10.0pt 0cm;\"><span style=\"font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">Mr Robb added: &#8220;The reality is that government backed mortgages like Help toBuy or tweaks to planning rules will only ever be sticking plaster solutions that risk making the problem worse, not better.&#8221;<\/span><\/span><\/p>\n<p style=\"text-align: justify; line-height: 115%; margin: 0cm 0cm 10.0pt 0cm;\"><span style=\"font-family: Georgia;\"><span size=\"2\" style=\"font-size: small;\">\u00a0<\/span><\/span><\/p>\n<p><!--EndFragment--> <a href=\"https:\/\/plus.google.com\/115654041100964611788?rel=author\">Nick Marr<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>House prices in England are set to double in the next decade unless more action is taken to tackle the broken housing market in Britain. Thats the conclusion of a new report from housing charityShelter which says that the average<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/property-prices-likely-to-double-in-the-next-10-years\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[16],"tags":[],"wl_entity_type":[602],"modified_by":null,"_wl_alt_label":[],"jetpack_featured_media_url":"","wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/post\/property_prices_likely_to_double_in_the_next_10_years","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/2580"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=2580"}],"version-history":[{"count":2,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/2580\/revisions"}],"predecessor-version":[{"id":15650,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/posts\/2580\/revisions\/15650"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=2580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=2580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/tags?post=2580"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=2580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}