The problem is the build cost on contaminated brown field land is very high..the easy sites have been built on, particularly with recent changes to building regs, biodiversity net gain, management of surface water etc...on top of that outside of cities there is a need to provide expensive...
12+ years of cheap money have led to this crisis.
If mortgages had sat at around 3-5% for the last 10 years house price inflation would have been significantly less. The value of my new house almost doubled between 2014 (previous purchase) and 2022 (my purchase) without any improvements to the...