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Affordability

By: kevarms (Registered ) on 15-10-2007 15:27

Housing affordability is dependent on two factors .... size and demand for housing. 
 
Unfortunately you can't fit a huge plasma TV in a normal living room .... so we now have entertainment rooms ! The size of the aerage house has doubled over the last 20 years, whilst the land it sits on has halved ! 
 
Demand is dependent on household formation - its true that more of us are living single alone or in smaller households - thereby increasing the demand (regardless of popuolation increases which have slowed). 
 
RETHINK - expect less, live more simply ... and SHARE !

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