(M1000 Subsidy) UK builds 300,000 housing units in any year before 2030
One-OffMacro & EconomyBusiness & Corporate3yManifold MarketsNo KYCVerified resolution dataFairly calibratedCurrent community forecastNo 81.1%
Forecasters
72
Question type
binary
Methodology
Play-money forecasting platform
Source type
Forecast
Market data
Updated 17 hours ago
StaleOct 10, 23, 10:53 AM UTCDec 30, 29, 11:59 PM UTC
Trends
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KalshiRules
Context: The housing crisis in the UK has been a pressing concern for both policymakers and citizens alike.
- The shortage of affordable housing has been mounting for decades, driven by various factors including population growth, regional disparities, and historical under-delivery.
- To address the imbalance between housing demand and supply, the UK government previously set a target to build around 300,000 new homes annually.
- Meeting this target consistently is deemed critical to alleviating the housing pressures, but actual numbers have fluctuated, leading to uncertainty about the nation's ability to hit the mark before 2030.
- Resolution Criteria: The market will revolve around whether the UK succeeds in constructing 300,000 or more housing units in any single year by the end of 2029.
- A 'housing unit' for the purpose of this market is defined as a self-contained place of accommodation, which could be a house, flat, or even a conversion, constructed with the purpose of serving as a domicile for individuals or families.
