Search

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.”


If you value what this story gives you, please consider supporting the Lowestoft Journal. Click the link in the yellow box below for details.

Become a supporter

This newspaper has been a central part of community life for many years, through good times and bad. Coronavirus is one of the greatest challenges our community has ever faced, but if we all play our part we will defeat it. We're here to serve as your advocate and trusted source of local information.

In these testing times, your support is more important than ever. Thank you.

Most Read

Most Read

Latest from the Lowestoft Journal