Written question asked by Lord Taylor of Warwick (Non-affiliated) on Monday, 7 November 2016, in the House of Lords. It was due for an answer on Monday, 21 November 2016. It was answered by Lord Bourne of Aberystwyth (Conservative) on Monday, 21 November 2016 on behalf of the Department for Communities and Local Government.
Housing: Prices
- Question
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To ask Her Majesty’s Government what assessment they have made of the impact of relative increases in house prices and wages on the affordability of housing.
- Answer
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The Government publishes live tables on the housing market and house prices here:
https://www.gov.uk/government/statistical-data-sets/live-tables-on-housing-market-and-house-pricesIn 2015, median house prices were more than nine times median incomes in 127 of 324 local authorities (39 per cent) for which data was available.
This Government is clear that to make housing more affordable we need to build many more homes. Our Housing White Paper will set out the steps we will take to make the housing market work for everyone. The Office for Budget Responsibility will include future forecasts for house prices and wages in their Economic and Fiscal Outlook alongside the Autumn Statement.
Secondary information
- Type
- Written question
- Reference
- HL3040
- Session
- 2016-17
- Subjects
- Housing Pay Prices
- Contains statistics
- Yes
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2016-11-21 18:33:23 +0000
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/lords/2016-17/HL3040
- In Indexing
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- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/lords/2016-17/HL3040