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Views on UK house prices

By: Language: English Series: Residential Renting ; (26) May 2004, 34-37(4)Publication details: 2004Subject(s): Summary: Evaluates the differing housing market predictions for 2004, from the advocates of the severe slowdown scenario (Durlacher and Shelter) to those who consider the market to be growing still (Nationwide, Halifax, RICS and others). Looks at the fundamentals driving the UK property market price rises in recent years, key economic indicators as well as likely government policy and expected action. Sides with the majority of UK commentators who have a positive outlook on the housing market in the short and medium term. Considers the market to be looking good for private investors and buyers and sees the government's strategy of drawing institutional investment to the residential sector (proposed REITS) to be the largest single factor fuelling the market in the future.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS67734 (Browse shelf(Opens below)) 1 Available 126108-1001

Evaluates the differing housing market predictions for 2004, from the advocates of the severe slowdown scenario (Durlacher and Shelter) to those who consider the market to be growing still (Nationwide, Halifax, RICS and others). Looks at the fundamentals driving the UK property market price rises in recent years, key economic indicators as well as likely government policy and expected action. Sides with the majority of UK commentators who have a positive outlook on the housing market in the short and medium term. Considers the market to be looking good for private investors and buyers and sees the government's strategy of drawing institutional investment to the residential sector (proposed REITS) to be the largest single factor fuelling the market in the future.