It’s time to start talking about the falling population

shutterstock_1880408653 deserted london 3

The government’s determination to build 300,000 homes a year may well have been overtaken by events, Joey Gardiner writes

Little noticed amid the covid-19 pandemic and associated economic crisis has been a pretty astounding piece of research which – if it proves to be true – could have a significant impact on the housing market. And which could, potentially, raise serious questions about the government’s already contentious 300,000-homes-a-year housebuilding target.

In January, King’s College London academic Jonathan Portes and Michael O’Connor, of think-tank Stronger in Numbers, published an analysis of official government data which suggested that the UK population has fallen by as much as 1.3 million in the wake of the coronavirus crisis. The suspicion is that the shift is largely due to migrant workers and foreign students returning home.

If their analysis is correct, it also implies that most of the population reduction – nearly 700,000 people – has occurred in London, which would appear to fit with the distribution of overseas-born workers and students.


Login or Register for free to continue reading Housing Today

To continue enjoying, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

  • Breaking industry news as it happens
  • Gain access to Housing Today’s Specialist CPD modules
  • Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now