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Charity figures reveal housing shortage in Enfield
Only one out of 100 homes in the whole borough are affordable for working families according to a housing charity.
New research from charity Shelter shows only 16 homes out of 1426 homes for sale in Enfield are affordable which they say shows the extent of the housing shortage in the borough.
The figures were gathered after the charity looked at the asking prices for properties on a single day and compared them with mortgages families, couples and single people on overage wages could afford.
Campbell Robb, Shelter’s Chief Executive, said: “When the number of affordable properties in an entire town is so small, it’s not difficult to see why a stable home of their own is quickly becoming a distant dream for the next generation.
“It’s right that young people who aspire to own their own home should work hard and save each month.
“But with such a pitiful number of affordable homes on offer - even with a generous 20% deposit – our housing shortage is holding them back.
“Unless we build the affordable homes we desperately need, house prices will continue to rise and as a result more people will be forced to live at home with their parents into their thirties, or move into the expensive and unstable private rental market.
The research also shows there are only eight affordable properties out of the 1611 available for single people.
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