Warning of high house prices in Waveney

PUBLISHED: 14:00 20 July 2015

A surge of “pensioner pockets” in Waveney will see more young people priced out of the countryside unless more affordable homes in market towns and villages are created, a housing charity has warned.

Figures from the National Housing Federation suggest that almost one in five people living in North Norfolk will be aged over 65 by 2021, with one in four people in Waveney of retirement age,

It claims that the combination of high housing costs and below average wages means many workers and young families are unable to live in the villages and towns where they grew up.

David Orr, chief executive of the National Housing Federation, said: “Our idealistic view of the English countryside is fast becoming extinct.

“Workers and families aspiring to live, work and grow up in the countryside can’t find homes they can afford. If we don’t build more homes, these places will become ‘pensioner pockets’ rather than the thriving, working communities they can be.”

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