12.06.2009 - UK house prices could fall a further 35% - Homes still not affordable
From Write-about-property.com: According to Halifax the current house price vs earnings ratio stands at 4.37, making houses more affordable than they have been for the past 6 years say Halifax. Given that the average Gloucester house price was so much more expensive in relation to the average salary of its residents, I decided to expand the study and see if the same story was told for the UK........Full Article: Source
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