Saturday, August 30, 2014
Some sensible ideas – hence they won’t happen
"The IMF said the UK house price to income ratio was 30 per cent above its long-term average; only in France, New Zealand, Australia, Canada and Belgium was the discrepancy higher. Relative to rents, the margin was even wider at 40 per cent. " This quote from the article questions the common belief that this country has a housing shortage.