2008/01/27

Unaffordable Housing In Belfast

The Belfast Telegraph covered the 4th Annual Demographia International Housing Affordability Survey on January 25, noting that Belfast was rated the 10th least affordable market in the six surveyed nations (United Kingdom, Ireland, United States, Canada, New Zealand and Australia). The Telegraph quoted co-author Wendell Cox as saying

    What it really comes down to is the prescriptive planning policies of the UK. After the war it took 10 years for the UK to be able to feed itself, right now it can't even house itself.