House prices are affordable
Series: RICS Press Release ; (pr005) 21 January 2002, (2)Publication details: 2002Subject(s): Summary: Latest Residential Economic forecast by RICS argues house prices are more affordable now than 20 years ago. Cost of buying a home now takes up 20% of disposable income, less than half the cost of in the late 1980s. RICS economists predict that prices will rise by 6% in 2002 compared with 10% last year.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3803-10 (Browse shelf(Opens below)) | 1 | Available | 116413-1001 |
Latest Residential Economic forecast by RICS argues house prices are more affordable now than 20 years ago. Cost of buying a home now takes up 20% of disposable income, less than half the cost of in the late 1980s. RICS economists predict that prices will rise by 6% in 2002 compared with 10% last year.