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The impact of net migration on household formation projections

There is one potent issue waiting to be raised: the impact of net migration on household formation projections. Official estimates are based on net migration of 165,000 a year, but in the year to March, the number was 330,000 and the year before it was 236,000 (Planning, 11 September, p9). Easy today to imagine net migration averaging 265,000 a year for the next ten years. That's 100,000 more folk a year to be included in household formation estimates, amounting to a million over the decade. Let's estimate that they live three per house - that means adding a third of a million new households to current projections. Local authorities won't thank Healey for raising the point, but it's time somebody did.

Source: Placemaking Resource

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