Less than two thirds of new homes needed in the north west were built last year. That's according to National Housing Federation figures that show only 12 000 homes were built out of the 19 000 needed to keep pace with demand. Experts warn the lack of supply is pricing many people out of owning or privately renting a home in their local area.
The federations report says failure to build enough homes is already pushing prices out of the reach. It estimates an annual income of at least £36,000 is needed to afford a typical mortgage in the North West.