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Macroeconomics: UK economy, IB Economics

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Economy

Macroeconomics: UK economy, IB Economics

A brief overview of relevant articles for IB and A-Level all relating to the UK economy

Curated by Graham Watson

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Scooped by Graham Watson

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From www.theguardian.com - November 14, 2022 1:59 PM

Graham Watson's insight:

The state of play in the UK housing market - in both the homebuying and the rental markets - noting a recent slowdown in activity. However, it's interesting to note the background to all of this - the average house price is now 9.45 time average earnings, meaning that affordability is a real issue, and as a result of higher interest rates, house prices have started to fall, and rents have started to rise, as people look for substitutes.

frankline's curator insight, January 24, 2023 9:06 PM

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What is happening to the UK homebuying and rental markets? | Property | The Guardian