31.01.2013 - U.K: House price affordability slumps to three-year low; or does it?
House prices are rising faster than wages – or homebuyers’ ability to scrape together deposits – making property more expensive than it has been since the start of the credit crisis, according to the Mortgage Advice Bureau (MAB). However, the independent mortgage broker’s gloomy conclusion about house price affordability is at odds with more upbeat views from most property market participants...............................................Full Article: Source
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