Affordability approaching crisis levels in many regions–NHPAU

Nov. 1, 2007
Affordability is reaching crisis levels in many regions outside London, where house price to earnings ratios are increasingly outweighing the capital’s, according to latest figures from the National Housing and Planning Advice Unit (NHPAU). The report, a response to the government’s housing green paper consultation, concludes that by 2026, average prices could rise to 11.3 times earnings in the east …

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