Hi, I need help with essay on Resolving Urban Housing Problems in the United Kingdom. Paper must be at least 1500 words. Please, no plagiarized work!pp.293-307). Finally foreign immigrants have invari

Hi, I need help with essay on Resolving Urban Housing Problems in the United Kingdom. Paper must be at least 1500 words. Please, no plagiarized work!

pp.293-307). Finally foreign immigrants have invariably sent the prices of housing in urban centers skyward. As for the supply constraints private builders account for a greater percentage of the total supply while Council Housing is almost defunct.

This paper would place greater emphasis on the supply side problem associated with urban housing problem in the UK. While supply constraints have been responsible largely for the current housing problems in the UK urban sector, some exogenous variables like large scale immigration from the Eastern European countries after the EU enlargement have also contributed in a sizeable measure to them. For instance potential job-seekers from the three first tier countries - Poland, Bulgaria and Romania - have been attracted to prospering urban centers in the UK, including London. Their demand for new houses has driven house prices and rents up thus causing an unprecedented trend in the housing market. The following diagram illustrates the fact that the average rent in London divided into five areas depending on the relative price differentials has been rising considerably fast. The net result is higher house prices and rents caused by falling supply and rising demand.