Jump to content
House Price Crash Forum
Sign in to follow this  
Converted Lurker

2 Archived Articles, One From 2003, The Other 2002

Recommended Posts

"Property is now less affordable for first time buyers than it has been for a generation and rising deposit levels will inevitably make it harder. The only solution open to most would be homeowners is to save as much as possible as early as possible, improving the chance of accumulating a healthy savings pot and avoiding disappointment further down the line."

Andy Deller, Head of Banking and Insurance at Egg 22 August 2002.

http://firstrung.co.uk/articles.asp?pageid=NEWS&cat=44

A Common enough question from barmen at the end of a busy night is the well-known: "Have ye no homes to go to?" For many young couples, the answer is simply, no.

Although more than 60,000 homes were built last year, the size of Ireland's young population and the increasing number of single people buying houses has created serious demand.

Average house prices of 225,000 have led to more and more young adults living at home with their parents. According to a survey last month by the Economic and Social Research Institute and the IIB Bank, skyrocketing prices mean 86% of people would "certainly not consider" buying a home in the next two years.

http://firstrung.co.uk/articles.asp?pageid...1423&cat=44-0-0

Edited by Converted Lurker

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.