Discover and read the best of Twitter Threads about #Houseprices
Most recents (3)
đź’Ą1/9: UK housing affordability since the year 1876 (UPDATED to 2022)
Average house~9x average earnings
Here’s a chart-thread of my research, as covered by:
@Bloomberg @Telegraph, @thisismoney, @TheSun, @guardian
Full article: schroders.com/en/insights/ec…
#houseprices #property
Average house~9x average earnings
Here’s a chart-thread of my research, as covered by:
@Bloomberg @Telegraph, @thisismoney, @TheSun, @guardian
Full article: schroders.com/en/insights/ec…
#houseprices #property
2/9 Last time UK houses were so expensive vs earnings was the year 1876
They were even more expensive previously…
What happened to change things? More houses, smaller houses, higher incomes.
They were even more expensive previously…
What happened to change things? More houses, smaller houses, higher incomes.
3/9 Most people didn’t really benefit though, as over 75% rented at that time. Home ownership didn’t take off until 2nd half of 20th century.
Note the reversal post-2001. Home ownership becoming less attainable
Note the reversal post-2001. Home ownership becoming less attainable
1/8 What does almost two centuries of data tell us about #ukhousing affordability? Here’s a chart-thread of my research which @martinwolf_ covered in his latest @FT piece.
Full article here: schroders.com/en/uk/private-…
#houseprices #property
Full article here: schroders.com/en/uk/private-…
#houseprices #property
2/8 UK homes have only been this expensive vs earnings twice in the past 120 years.
Things were even more expensive between the year 1845 and early 20th century.
What happened to change things? More houses, smaller houses, higher incomes.
Things were even more expensive between the year 1845 and early 20th century.
What happened to change things? More houses, smaller houses, higher incomes.
3/8 most people didn’t really benefit though, as over 75% rented at that time. Home ownership didn’t take off until 2nd half of 20th century.
Note the reversal post-2001. Back down near 64% now. Home ownership becoming less attainable
Note the reversal post-2001. Back down near 64% now. Home ownership becoming less attainable
The UK HPI will be reinstated next Wednesday 19th August at 9.30am. We will start by publishing estimates for April 2020 (and revisions where applicable to previous periods) and then publish a series of interim updates to catch up (1/3) #Houseprices @ONS
gov.uk/government/new…
gov.uk/government/new…
The UK HPI May 2020 estimates will be published on 2nd September, June 2020 on 16th September, July 2020 on 7th October and August 2020 on 21st October, bringing the UK HPI back on the usual publication schedule (2/3) #houseprices
It is worth remembering that it takes roughly 6-8 weeks for a house to go from offer to a completed transaction. Therefore, the first few UK HPI publications are likely to be based on house sales agreed before the Covid-19 pandemic took hold (3/3) #houseprices
