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Can't buy: can rent the affordability of private housing in Great Britain - summary report [electronic resource]

By: Language: English Publication details: London Hometrack 2007Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Provides regional analysis of private sector market affordability in 2006, covering home ownership and the private rents. Reveals that house prices have risen twice as fast as earnings since 1990, while private rents have simply kept pace with earnings. The highest regional house price to income ratios were London, the South West and the South East. These same regions also held the highest number who were able to pay above a social sector rent, but unable to buy at the lowest prices available.
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Item type Current library Call number Copy number Status Barcode
Book Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 141980-1001

Provides regional analysis of private sector market affordability in 2006, covering home ownership and the private rents. Reveals that house prices have risen twice as fast as earnings since 1990, while private rents have simply kept pace with earnings. The highest regional house price to income ratios were London, the South West and the South East. These same regions also held the highest number who were able to pay above a social sector rent, but unable to buy at the lowest prices available.

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