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The Housing Market
Title: The Housing Market
Category: Literature / English
Details: Words: 1225 | Pages: 5.2 (approximately 235 words/page)
The Housing Market
The Housing Market
The housing market is possibly one of the most important markets in which we as everyday consumers take part in, simply because housing is a necessity and also probably the largest consumption good that is purchased. The majority of the average person’s income would probably go towards either rent or a mortgage. This is true also in terms of business expenses. It has been argued that decent housing has external knock …showed first 75 words of 1225 total…
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…showed last 75 words of 1225 total…good educational facilities and health care
Bought in 1993 during the slump in the housing market for £90,000
In 1993, was worth £120,000 but lack of demand allowed prices to fall below market value
2001, now worth £330,000
Will sell for £340,000
CASE STUDY 2)
Semi-detached 3-bedroom, Totteridge; a desirable location in the suburbs of London, easily accessible with easy accessibility to Central London via the London Tube, several top borough schools in the area, good health care
Bought in 1999 for £250,000
2001, now worth £320,000
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