Consultant warns over Oxford and Cambridge house prices

By Hamish Champ2019-07-10T05:00:00

Cities which book-end government’s Arc scheme could suffer if housing supply not increased

The government has been warned that sharply rising house prices in Oxford and Cambridge could end up stifling the very growth that ministers hope will attract businesses in a post-Brexit UK economy.

The two university cities, which are set to book-end the government’s controversial Arc scheme, saw house prices rise by 67% and 73% respectively in the decade up to last year.

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