Room for all in hous­ing mar­ket

COM­MENT NEWS: Home prices rise – This page

Evening Express (Extra Edition) - - NEWS -

ONCE again the North-east’s strong econ­omy is pay­ing div­i­dends as our hous­ing mar­ket re­cov­ers from its slump. There is no doubt the pow­er­house of the oil and gas sec­tor has helped shel­ter us from the worst of the fi­nan­cial storm. But while many can cel­e­brate house prices hit­ting highs, we need to re­mem­ber not ev­ery­one ben­e­fits. First-time buy­ers, in par­tic­u­lar, can find it tough – es­pe­cially if banks are still leery over lend­ing. As al­ways, it is im­por­tant the North-east of­fers a healthy mix of hous­ing with plenty of affordable homes to at­tract young fam­i­lies. There should be room for ev­ery­one in the hous­ing mar­ket.

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