Comment
Draft Greater Norwich Local Plan – Part 1 The Strategy
Representation ID: 21282
Received: 16/03/2020
Respondent: Dr Sarah Morgan
How is a need for 28% “affordable housing” to be met? Developing more homes does not make them “affordable” Affordable housing is an impossibility in the private sector because prices will only drop if the market becomes flooded and if that happens then the number of householders in negative equity will rocket with a very negative impact on social stability.
How is a need for 28% “affordable housing” to be met? Developing more homes does not make them “affordable” Affordable housing is an impossibility in the private sector because prices will only drop if the market becomes flooded and if that happens then the number of householders in negative equity will rocket with a very negative impact on social stability.