What will crashing the economy do for the UK housing market?
Cheshire, Paul; and Hilber, Christian A. L.
(2020)
What will crashing the economy do for the UK housing market?
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(2020)
What will crashing the economy do for the UK housing market?
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Discussing the potential effects of the COVID-19 lockdown on housing, Paul Cheshire and Christian Hilber write that real house prices and rents may fall in the short- to medium-term. Yet housing will remain unaffordable for the young and those on lower incomes, especially in London and the South East, as this fall will be driven by a fall in earnings.
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