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The Competition & Markets Authority (CMA) has released a damning report on Britain's new-build housing market, highlighting failures and shady dealings by big housebuilding firms. The government's inaction exacerbates the housing crisis, with concerns raised over offshore investor 'mega-landlords' pricing out first-time buyers and private equity firms investing in rental homes.
🏠 First-time buyers are being priced out of home ownership because offshore investor “mega-landlords” are buying up new build homes in the UK, experts have warned 🔴 Exclusive from @alexxaphillips 🔗 https://t.co/wPEvAsGIDS https://t.co/JdB4cNnFpb
Private equity firms are increasingly investing in new build rental homes in the UK, which will lead to higher rents, fewer home ownership opportunities and poor maintenance, experts warn @theipaper w/ @leilanifarha @LDNRentersUnion @Make_TheShift https://t.co/JiQOoB8jSo
Builders could do a lot to improve the housing market. So why aren't they? https://t.co/tBFOl4gW9l via @opinion
