UK property
Property plays a vital role in the British economy. House prices underpin consumer spending, which accounts for about two-thirds of Britain’s growth. So investors should keep an eye on the state of the UK housing market.
Recent articles
(3)
(15 March 10)
In Britain, we are so desperate to own our own home that house prices are inflated beyond affordability, says Merryn Somerset Webb. Here, she suggests two practical steps that would make housing more affordable to those on average incomes, and less attractive to the get-rich-quick crowd.
(09 March 10)
Two maths teachers became the unlikely pin-ups of the buy-to-let business during the boom years. But the crash exposed the shaky foundations of their empire. John Stepek looks at what their story reveals about the state of today's housing market – and why another house price crash is inevitable.
(05 March 10)– Subscriber only
There's no problem with low house prices, says Merryn Somerset Webb. It's what happens to the economy as they are falling that's the problem.