Affordability ratio demands 27% drop in UK house prices
A new report from credit ratings agency, Standards & Poor’s (S&P), is predicting that the UK housing market is due a major (and likely painful) adjustment. The analysis, entitled “European Economic Forecast: Major Corrections On The Cards As Housing Markets Turn Down” takes into account the fact that affordability in the UK has been declining since [...]
Affordability ratio demands 27% drop in UK house prices
