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Housing crisis for Hampshire
2:00pm Wednesday 5th December 2012 in News
HAMPSHIRE faces a massive housing shortage within the next 20 years.
A new report by the National Housing Federation warns that thousands of people in the county could be left fighting to get a home they can afford by 2033.
It says the number of households and new homes needed in Hampshire is set to rise from 743,400 in 2012 to 904,000 in 2033 – yet only half the homes needed to house the 39,000 families that are forming each year are being built.
House prices in Hampshire are already five per cent above the national average and 11 times the average income for the county, says the federation, with an expected rise of another 61 per cent over the next ten years.