affordability
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Agencies & People
BLOG: The ‘Affordability Trap’ is real, says David Powell, Andrews Property Group
The CEO of Andrews Property Group analyses and dissects what most people use as a broad-brush slogan, explaining in his view, what is behind the housing market's biggest problem.
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Housing Market
Shock data reveals only top 10% of workers can afford average home
Affordability has become so stretched that home ownership risks becoming a privilege for the wealthiest rather than a goal for working people, according to house-buying firm.
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Housing Market
Wannabe homeowner confidence slumps as affordability crisis continues
Affordability crisis and tax uncertainty are locking a generation out of the housing market, warn building societies.
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Housing Market
Property buyers ‘paying less per month’ than renters, says big bank
New data from the bank shows that homeowners with a mortgage are 17% better off than tenants.
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Housing Market
Falling longer-term interest rates could lead to cheaper mortgages
Falling longer-term interest rates could lead to cheaper mortgages and improve the affordability position of potential buyers – especially if wages rise.
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Latest property news
Are new-build homes too expensive for this generation of buyers?
Data from Openpropertygroup.com calculated affordability ratios based on new-build house prices compared with workplace earnings.
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Features
Shine a light
Kate Faulkner explains how the new property indices from OnTheMarket and Reallymoving.com help us understand the market better.
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