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US house price trend (1998–2008) as measured by the Case–Shiller index Ratio of Melbourne median house prices to Australian annual wages, 1965 to 2010. As with all types of economic bubbles, disagreement exists over whether or not a real estate bubble can be identified or predicted, then perhaps prevented.
The affordability of housing in the UK reflects the ability to rent or buy property. There are various ways to determine or estimate housing affordability. One commonly used metric is the median housing affordability ratio; this compares the median price paid for residential property to the median gross annual earnings for full-time workers.
A housing bubble (or housing price bubble) is one of several types of asset price bubbles which periodically occur in the market. The basic concept of a housing bubble is the same as for other asset bubbles, consisting of two main phases. First there is a period where house prices increase dramatically, driven more and more by speculation.
This disturbing new rental trend shows just how broken Britain’s housing market really is. Helen Coffey. ... private rents increased by 9.1 per cent across the UK in the 12 months to November ...
James says her landlord, a London housing organization that manages affordable rental homes for lower-income tenants, has raised her rent yearly and most recently declared a 4% bump to 170 pounds ...
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Housing co-operatives are uncommon in the UK, making up about 0.1% of housing stock. [102] Most are based in urban areas and consist of affordable shared accommodation where the members look after the property themselves. Waiting lists can be very long due to the rarity of housing co-operatives.
Also known as the 'Flash Crash of 1962'. [6] Brazilian Markets Crash of 1971 Jul 1971 Brazil: Lasting through the 1970s and early-1980s, this was the end of a boom that started in 1969, compounded by the 1970s energy crisis coupled with early 1980s Latin American debt crisis. [7] [8] [9] 1973–1974 stock market crash: Jan 1973 UK