CITB says rise in number of workers reflects housing boom.

The Construction Industry Training Board says the industry must recruit more than 200,000 extra workers in the next 5 years to keep on top of rising demand. For the first time since the downturn, rising spending on housing, leisure and infrastructure will deliver growth in every region of the UK. To deal with the upswing in workloads, the industry needs to recruit almost 45,000 workers annually, 8,000 more than predicted at the start of the recovery. The annual forecast predicts that commercial work will expand at the same pace as housing estimated at 4.6% annually over the forecast period to 2019. Total construction employment is projected to reach 2.74m in 2019, still a little below its peak level in 2008 of 2.86m.

With 200,000 homes a year needed to house Britain’s population boom and many people priced out of the Cities, there is growing pressure to create more garden cities, a movement that culminated in the creation of Letchworth Garden City, 37 miles north of London and a second garden city, Welwyn Garden City, which was started after WWI. These two cities were influential in the development of New Towns after WWII, producing more than 30 communities including Stevenage and the last, Milton Keynes.

Garden Cities were designed to avoid the downfalls of industrial cities of the time such as urban poverty, overcrowding, low wages, and dirty alleys with no drainage, poorly ventilated houses, toxic substances, dust, carbon gases, infectious disease and lack of interaction with nature.

Garden cities were used as the model for many suburbs we see across the UK today. Now, the Government plans to open up brownfield sites to build affordable housing for first time buyers under the age of 40.

All the indicators are that it is an exceptionally good time to invest in land ear-marked for housing development, particularly land that provides easy access for commuters to London and other big conurbations such as Manchester and other cities in the “Northern PowerHouse”.

Alex Evans

You May Also Enjoy

Estate Agent Talk

Upfront information: homebuyers want confidence as much as speed

What movers want from upfront information, and it isn’t only speed Having a survey, legal pack and chain details before making an offer would help more than eight in ten respondents, according to LRG’s latest sales report Of the 553 who answered the question, 41% said they would offer with more confidence, although not necessarily…
Read More →
Estate Agents should not all look the same
Estate Agent Talk

How Financial Anxiety Drains Entrepreneurial Energy

Financial anxiety can consume the attention and stamina that business owners need for planning, problem-solving and leading a team. A late payment, an unexpected tax bill or a weak sales month may trigger worry long after working hours have ended. Over time, that mental strain affects sleep, concentration and confidence. The answer starts with creating…
Read More →
Letting Agent Talk

How to future-proof a rental property for changing tenant expectations

Over the past decade or so, tenants have become far more discerning. For more and more people, renting is a long-term prospect and today’s tenants expect their homes to be as safe and comfortable as any home they would own themselves. And as legislation around standards and health and safety in the private rented sector…
Read More →
Breaking News

More than a third of homes undergo price reduction

The latest research from GetAgent.co.uk has revealed that more than a third (34.4%) of homes sold subject to contract (SSTC) across Britain’s major cities have undergone an asking price reduction, with this figure climbing to more than half in Bournemouth, raising questions over whether sellers, and their agents, are pricing their properties realistically when first…
Read More →
Breaking News

‘Explosion’ in e-signature use at Land Registry spells progress for homebuying reform

The number of e-signatures used at Land Registry has exploded in the latest quarter — jumping more than ten times in just three months to 643, Novus Strategy can reveal. Qualified Electronic Signatures (QES) are a central plank of the revolution unfolding in homebuying because they reduce friction and save time. It’s a combination of…
Read More →
Letting Agent Talk

The Flats Above the Shop Problem

Why residential property hidden inside commercial ownership keeps causing trouble By Adam Hills, Client Services Director, LRG Living Markets Somewhere in many commercial property portfolios sits a small collection of front doors that was never really part of the plan. Many large and small retailers inherit residential property portfolios by default as part of mixed-use…
Read More →