Motion: S4M-11679 Scottish House Prices Double & Affordable Housing

25 Nov 2014
That the Parliament notes the recent report from the Halifax group, which highlights that the value of Scotland’s private properties has almost doubled since 2004 from £170 billion to £333 billion; welcomes the growth in the value of Scotland’s economy that these figures imply; however understands that these figures mean that purchasing a new house is much more expensive than it was a decade ago and that the gap between the wealthier and the poorer in society is increasing; believes that the provision of adequate affordable housing is a priority issue for both first-time buyers and the many Scottish families looking for a bigger home, and considers that the gap in wealth between the richest and the poorest needs to be addressed.