Research highlights urgent need for more private housing development in North Lanarkshire

dailyrecord.co.uk:

Research from Rettie & Co., commissioned by Hallam Land, has highlighted the urgent need for more private housing development in North Lanarkshire.The report reveals that more than 32 per cent of all households in the area face some form of housing need, compared to an average of 28 per cent across Scotland.With household growth and increasing housing demand, North Lanarkshire has seen a significant overall decline in private housing delivery since the 2008 financial crisis.The Lanarkshire Live app is available to download now.

Get all the news from your area – as well as features, entertainment, sport and the latest on Lanarkshire’s recovery from the coronavirus pandemic – straight to your fingertips, 24/7.The free download features the latest breaking news and exclusive stories, and allows you to customise your page to the sections that matter most to you.Head to the App Store and never miss a beat in Lanarkshire - iOS - Android Despite the demand, housing completions remain well below pre-2008 levels, with only one-to-three new houses per 100,000 people delivered for much of the last decade.At the same time as supply stagnation, house prices in North Lanarkshire have doubled since 2003, increasing affordability pressures.This has resulted in a widening housing inequality gap, and a shortage of homeownership opportunities, particularly for young people who aspire to own their own home and stay within the local authority area.The report underscores how the current housing delivery shortfall is contributing to serious economic, social, and affordability issues in the area and found: 600 households experiencing homelessness or living in temporary accommodation; 10,000 households in overcrowded conditions; and 12,000