Friday, Jan 12, 2007
Affordability crisis
Guardian: Conditions worsen for first time buyers, says RICS
The Royal Institute of Chartered Surveyors has claimed that houses are less affordable now than at any stage since 1991. 10 years ago, the average couple could service a house purchase with 25% percent of their net pay. That figure is now more like 81%.
Posted by jellycaster @ 05:31 PM (188 views) Add Comment
1 Comment
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1. paul said...
Well then raise IRs again.
Easy.