A property market of haves and have nots

Published by This Is Money
on Thursday, 21 Apr 2011 by Lee Boyce
 
North vs South, cash rich and equity poor, young and old, loved and unloved postcode, the UK property market has fractured into haves and have-nots

New research adds to the evidence that the property market is becoming increasingly polarised. Average deposits have reached eye-watering levels and house price inflation for better homes outpaces the bottom of the market, pushing popular areas further from reach for many.

Meanwhile, even the cost of renting is rising faster than wages. Lee Boyce takes a look

What’s happening?

A triple whammy of bad news has been revealed by property surveys.

The property gap …


Tags: cash-rich, cost of renting, deposits, price inflation, property gap, property market, wages

Leave a Comment