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UK Home Buyers Struggle: 90% New Homes Skip Open Market
Description
Only a tenth of new UK homes reach the open market, leaving many buyers out in the cold. With just 21,000 out of 200,000 new properties available, regions like London, North West, North East, and South West see less than 20% hit the market. A survey reveals 44% believe theres not enough stock, and 36% feel theyll never own a home due to high prices and low wages. Landlords are blamed, with 61% pointing fingers at investors. The UK may be heading towards a renter-heavy future, prompting calls for government intervention and rental price curbs.
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