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Now harder to move up the housing ladder than to get on it [electronic resource]

By: Language: English Series: Bank of Scotland Press Release ; 17 December 2011Publication details: 2011Subject(s): Online resources: Summary: The Bank of Scotland second stepper housing affordability measure for Scotland (the average price of a typical second stepper home less their current equity position as a ratio of average earnings) was 4.3 times gross annual average earnings in October 2011. This is the highest ratio since records began in 1987, however Scotland is still the third most affordable region of the UK for people moving on to their second home.
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Journal article Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 154530-2001

The Bank of Scotland second stepper housing affordability measure for Scotland (the average price of a typical second stepper home less their current equity position as a ratio of average earnings) was 4.3 times gross annual average earnings in October 2011. This is the highest ratio since records began in 1987, however Scotland is still the third most affordable region of the UK for people moving on to their second home.