Locals Protest Outside Housing Exhibition. - UK IndymediaOn Thursday April 16th 2015 many local people assembled outside Cambridge Corn Exchange in response to a property exhibition hosted there.

Locals Protest Outside Housing Exhibition. - UK Indymedia
On Thursday April 16th 2015 many local people assembled outside Cambridge Corn Exchange in response to a property exhibition hosted there.

This might on the face of it seem incongruous until you learn that many of the new build properties in Cambridge are being snapped up by foreign investors... and left empty while the current London driven property bubble continues to hyper inflate prices. 

This has led to a situation where, despite there being at least 2,500 people awaiting homes on local social housing lists, these same local people are being priced out of the market (either for renting or buying) by the artificially exaggerated prices we are currently witnessing, with Cambridge now being one of the most expensive places in the country outside of London to (attempt to) buy or rent a home. 

This problem has been exacerbated by the post-Thatcherite Right To Buy scheme started in the 1980s, which has seen a significant depletion of Council housing stocks, which have not been replaced with enough new stock for a generation.