Housing crisis made worse by brick shortage

August 25, 2016

The continual high demand for bricks to keep pace with the UK house building program is not being met with supply, this is exacerbating  the ‘Housing Crisis’ in Britain according  to the National Association of Estate Agents’ (NAEA).

The report highlighted that the construction Industry needs at present 1.4 billion bricks to deal with the housing shortage in the UK, amounting to a defecit of 264,000 homes,  this is a significant factor in rising house prices.

The recent vote to leave the European Union (Brexit) has added to the concern over supply of bricks, 85% of imported clay and cement bricks came into the UK from the EU last year.

The  NAEA Bricks Report was compiled with the Centre for Economics and Business Research (Cebr).

To read the NAEA report in full click here

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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