Key Points:
House prices up 33% in 10s vs 180% in 80s
London top performer in 2010s with house prices rising twice as fast as UK average
Low interest rates have helped support affordability through the decade
High house price to earnings ratio make deposit a major barrier for first time buyers
Full report here:
https://www.nationwide.co.uk/-/media...t_Jan_2020.pdf
House prices up 33% in 10s vs 180% in 80s
London top performer in 2010s with house prices rising twice as fast as UK average
Low interest rates have helped support affordability through the decade
High house price to earnings ratio make deposit a major barrier for first time buyers
Full report here:
https://www.nationwide.co.uk/-/media...t_Jan_2020.pdf
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