SleafordMod@feddit.uk to United Kingdom@feddit.ukEnglish · edit-210 hours agoWhat 175 years of data tell us about house price affordability in the UKfeddit.ukimagemessage-square3fedilinkarrow-up139arrow-down10file-text
arrow-up139arrow-down1imageWhat 175 years of data tell us about house price affordability in the UKfeddit.ukSleafordMod@feddit.uk to United Kingdom@feddit.ukEnglish · edit-210 hours agomessage-square3fedilinkfile-text
The last time house prices were this expensive relative to average earnings was in the year 1876, nearly 150 years ago. Source: https://www.schroders.com/en-gb/uk/individual/insights/what-174-years-of-data-tell-us-about-house-price-affordability-in-the-uk/
minus-squareSineIraEtStudiolinkfedilinkEnglisharrow-up9·10 hours agoMy understanding is that mortgage rate also plays a role in housing prices. So it would be a nice addition if they added average mortgage rate on the same graph or had another graph with total cost for buying a house with a 30 year mortgage.
My understanding is that mortgage rate also plays a role in housing prices. So it would be a nice addition if they added average mortgage rate on the same graph or had another graph with total cost for buying a house with a 30 year mortgage.