Pirate FM News

Keep up to date with the latest news delivered direct to your Inbox.

Housing Crisis 'Getting Worse'

news-logo.jpg
Delicious Submit this page to reddit

1:18pm 2nd November 2011
(Updated 1:18pm 2nd November 2011)

There is a warning the gap between wages and house prices in Cornwall could get even wider.

The National Housing Federation is calling our system "broken".

It says the average Duchy home now costs thirteen times the average salary. That is among the worst in the country.

Paula lives in Launceston because she can not afford to buy in her hometown Bude. She said, "The difference in price between here and there is absolutely ridiculous. We've just had a baby and we can't be near the people we're close to. We're seeing where we can save money because that's the only way we're going to be able to afford it, apart from getting an increase in wages which isn't very likely. We're just desperately trying to save everything we can - living off baked beans for a few years."

The average home in Cornwall now costs £228,585 while the average income is £17,628. That means the gross annual income needed to secure a mortgage is around £48,983.

Last year almost eight thousand more families were added to social housing waiting lists in the Duchy.

Across the southwest, the Home Truths report says, 13,220 new homes were built in the region over the last year. That would be enough to house 48% of new households formed over the same time.

Jenny Allen, South West Lead Manager for the National Housing Federation said: "Despite a deep recession - house prices in the South West remain out of reach for thousands of households across the region, including Cornwall.

"Throughout the wider South West, as unemployment is on the up and benefits are set to be slashed, private sector rents also look set to rise. To cap it all, we've also seen the first increase in homelessness since 2003 - a 10% rise with more than 3,200 households accepted as homeless by local councils in the South West in 2010/11.

"Lack of supply is at the root of the problem. Ministers need to act now to implement a range of measures to turn the tide on the current housing crisis,  ensuring that homes continue to be built at scale in the region, that affordable housing options remain, and that housing is properly regulated across all sectors."

Robert Nettleton, Chief Executive of Coastline Housing said: "The average house price for Cornwall is well beyond the grasp of thousands of households at 13 times the average wage. With private sector rents now set to rise, it is vital that there is an affordable option available to those most in need in the county.

"Despite the current economic climate, housing associations in Cornwall and throughout the region are still delivering high quality homes for local people. In fact last year we built 18% more homes than the year before across the South West. This is a demonstration of our ability to innovate to find new ways to provide badly needed housing, even when grant funding has all but disappeared."

1:18pm 2nd November 2011

Share This Story

Delicious Submit this page to reddit
Suggested articles
firefighters

Pensioner in hospital after Tavistock house fire

Crews from Cornwall and Devon got the call

cornwall rugby 5

PHOTOS: How to get tickets for Twickenham

Cornwall in the finals for the 5th year running

Most read
police officer

Body found in car in west Cornwall

Police are not treating it as suspicious

Top articles

Pirate FM Cornwall News Update - 7th January 2016

Cornwall Video News: Officials say they’re holding talks to find new jobs for hundreds of workers in Bodmin.

NHS trauma centres on alert for possible new attack

National News: All 27 major trauma centres in England have been told to prepare staff for a potential terrorist attack ahead of the Bank Holiday weekend.

UPDATE: Body found on popular Cornish beach

Cornwall News: Police say death at Watergate Bay 'isn't suspicious'

Cannes 2017: Crowning the new King and Queen

Showbiz News: Nicole Kidman and Colin Farrell have taken over the 70th edition of the biggest film festival in the world.

Former Greek PM Lucas Papademos hurt in Athens car bomb

World News: Greece's former prime minister Lucas Papademos has been hurt by an explosive device hidden in an envelope, according to police.

Manchester United and Manchester City pledge £1m to terror victims

Sports News: Footballing rivals Manchester City and Manchester United have joined forces to pledge £1m towards a fund for victims of the terror attack that killed 22 people.

Tree-climbing, seed-spitting goats aid farming in Morocco

Strange News: It's tough for trees to thrive in the semi-desert Sous valley region of southern Morocco, but scientists have found that some might be getting a helping hand from an unlikely source.

Newer article

Booze Buying Parents 'Should Face Court in Cornwall'

Cornwall News: Calls to bring bring parents to book for buying underage children drink in Newquay

Older article

Calls For Action On Parents Who Buy Children Alcohol

Cornwall News: Newquay MP wants a crackdown on mums and dads who send their kids to Cornwall with booze

Cornwall's Pirate FMPirate Extra Footer LogoEscape to Cornwall radioLoveCornwall.com - The Cornish Business DirectoryPirate Education and Training

 

© Copyright Pirate FM

Pirate FM cannot be held responsible for the content of external links.