. They want bigger homes with room to live and work, as well as a garden, and easy-to-reach coast or countryside.Family homes are more popular, partly because people have reassessed their priorities during Covid lockdowns.However, prices of apartments are still rising - albeit at a slower rate than houses - and there are some signs of buyers taking the chance to make a move into lively cities as Covid restrictions ease.
All this means lots of homes are being sold, certainly compared with the start of the first national lockdown when the housing market was closed. The big spike in March came as buyers and sellers rushed to complete deals ahead the stamp duty holiday expiring at the end of the month.Any saving may well be eroded for buyers because the demand for homes is not being matched by supply.The result are the kind of scenes in which buyers have
Probably works the same way as in the states. When interest rates go down, builders and lending institutions gouge rising the price making up the difference that the consumer would otherwise save. Despite all this B.S. now you know and will observe how it happens from now on!
Foreign Buyers; as the Great British sell off.
News headline tomorrow : House prices are racist. By selling your house for more than you purchased it, you are creating an unfair selling market for black people. Due to white privilege and the institutionalised racism within property, selling hour house is racist.
They were rising before the pandemic...The elephant in the room is overpopulation. This tiny island is full. ALL governments have failed in the last 50 years to provide enough housing.
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