An interview with Paul Moulton of Isle of Man TV:
Coverage in the Isle of Man Examiner:
Party chairman Michael Josem told the Examiner that the information shows a rise of large rise in the median price of housing from the 1990s.
Throughout the 1990s, a median house in the Isle of Man cost an average of 5.18 times a median salary.
Whereas throughout the 2010s, a median house in the Isle of Man cost an average of 8.94 times a median salary, this is a rise of 72.8% from the 1990s.
Lib Vannin warn of housing crisis
and Manx Radio:
Liberal Vannin say buying a home “increasingly unaffordable”
We need to build more housing to meet the current high demand.
That’s the conclusion of Liberal Vannin chair Michael Josem after a freedom of information request shows buying a home is becoming increasingly unaffordable for Island residents.
Josem calls for more housing to meet demand
My own video on YouTube about the issue:
