The Housing Shortage


We read so much about the UK housing shortage and listen to so much nonsense
spouted by each political party on how they would sort it. The reality is they
can’t do anything until they address the crux of the problem.
1. Population Growth
The UK population grows by
about 400,000 annually, and we build around 120,000-200,000 properties. We've
continued this process for so long that there is a shortage of around 2 to 2.5
million homes. Without significantly reducing population growth we wouldn't
catch up with house-building needs decades.
2. Lack of Contractors
The UK has a huge shortage
of experienced tradespeople and the majority who are trained don’t work on new
builds as the pay rates are considerably less than what they can earn in residential
and commercial work. One of the reasons that new builds are so poorly built is
that they use under-qualified or imported labour to complete the work.
3. Education
Stopping 16-year-olds from
learning trades until they're 18 is just daft. 16-year-olds want to learn a
trade not T-Levels, why get rid of the City and Guilds and replace them with
T-Levels where the first few years are wasted time? So many of those
desperately needed tradespeople drift off into other work and who can blame
them, after seeing the content of these courses I don't. This creates a supply
and demand issue as the experienced ones leaving the industry outnumber the new
ones entering.
There is no way we can solve
the housing shortage or address the cost of rent or purchase until all 3 points
above are resolved. Simply saying you will build more houses is just political
nonsense that should be called out for what it is.