Why do we need more housing?
Greater Norwich is an attractive place to live and work and more people move into the area than leave, mainly from elsewhere in the UK. Additionally, people are living longer, there is a tendency for households to get smaller and young people are finding it increasingly difficult to establish their own home; so even with no population growth there is a need for more housing.
If we don't plan to meet the housing needs arising from these factors, supply will not meet demand and upward pressure on house prices and rents will make it even more difficult for young people to get a home.
Housing is linked to the economy in many ways. If there are not enough homes, businesses will suffer from a shortage of customers and employees. Therefore, a housing shortage could stop companies expanding and prevent new businesses from setting up here.
By not planning for growth there is also a greater risk that housing developments will be built in unplanned and less appropriate locations. If we don’t have an up to date plan in place, national policy gives developers an advantage on sites we may not choose.