MHK says this is making it harder for people to buy a home
With bank interest rates at record low levels, property has become one of the most sought after areas for people looking to invest.
Arbory, Castletown and Malew MHK Graham Cregeen says this is just one of many factors making it increasingly difficult for people to purchase their own home.
He says he's seen some houses on the new estate being built in Ballasalla already on the market to rent:
Death of MGP competitor deemed accidental by inquest
Louis O'Regan sustained fatal injuries in incident at Kate's Cottage
Flooding caused by 'sealed off' gulley, says Douglas Council
Brown water built up on Castle Street amid heavy rain
Sailings delayed after adverse weather affects Manxman crossing
Heysham departure pushed back amid disruption
Tour guides ask for tram reinstatement
A case for reinstating the tramway to the Sea Terminal is set to be brought to Tynwald in May
