The U.K Housing Market and the Role of the Government

The U.K Housing Market and the Role of the Government

its my uni work.

Pls go through if it makes sense

Pls Harvard referencing only and no Wikipedia articles thanks.

i need quality work please

Some articles that might help are attached

Answer preview……….

In the past two decades, the housing deficit in the United Kingdom continues to rise as demand continues to exceed supply with stakeholders doing little or nothing to reverse the trend. The depth of the housing problem was big enough to make the almost 120,000 new build dwellings similar to the drop in an ocean paradigm. Interestingly, the country added 170,610 new homes to the market in 2008 despite the challenges presented by the occurrence of the global financial crisis. Therefore, the 2012 figure is not just inadequate but a sharp decline of 31% from the previous year’s figure. Under a normal economic condition, the impact of the deficit in supply is price increase that favors the producers of the goods and services and widens the gap between the rich and poor, with the latter becoming exposed to inflationary trends and challenges (Lindley, 2015, p.10). As the regulator of the market in the country, the government is expected to intervene in the crisis by implementing policies that reduce the shortages and increases affordability………

 APA 3266 words