What will crashing the economy do for the UK housing market?
Cheshire, P. & Hilber, C. A. L.
(25 May 2020)
What will crashing the economy do for the UK housing market?
LSE COVID-19 Blog.
(25 May 2020)
What will crashing the economy do for the UK housing market?
LSE COVID-19 Blog.
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.