Cost of accessing the property ladder 42% higher in rural areas compared to urban [electronic resource]
Language: English Series: Hometrack Press Release ; 26 September 2011Publication details: 2011Subject(s): Online resources: Summary: Income needed to access the first rung of the property ladder in a rural location is £46 500 which is considerably more than in urban areas wherea comparable home can be bought for £32 750. The high cost of rural housing is a function of a number of fundamental factors including a shortage of supply combined with increasing demand with the rural population predicted to rise by 16% by 2028 compared to 9% in urban areas.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 153974-2001 |
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Income needed to access the first rung of the property ladder in a rural location is £46 500 which is considerably more than in urban areas wherea comparable home can be bought for £32 750. The high cost of rural housing is a function of a number of fundamental factors including a shortage of supply combined with increasing demand with the rural population predicted to rise by 16% by 2028 compared to 9% in urban areas.