Room for all in housing market
COMMENT NEWS: Home prices rise – This page
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.