The sharp fall in the number of vacant dwellings over the past couple of years seems to support the view that there is a severe shortage of housing. But with other data showing that the dwelling stock is rising faster than the household population, the drop in vacant homes probably just reflects reduced incentives for owners to register their properties as vacant.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services