Housing Market: Difference between revisions

Content deleted Content added
No edit summary
No edit summary
Line 6:
<onlyinclude>
 
==Housing Market==
The UK relies heavily on the increase in property prices to create the impression of a growing economy. It is fair to say that some inflation in property prices is not necessarily a bad thing. As a property increases in value, the debt taken out to purchase the property is reduced as a percentage of the value, which helps the own an asset that offsets some of the interest payments made on the mortgage.
 
Line 15 ⟶ 14:
https://www.bbc.co.uk/news/business-45487695
 
===Inflating prices===
 
===First time buyers===
 
===Extracting the asset===