StudentShare solutions
Triangle menu

Rise in house prices in the UK: A case study approach - Dissertation Example

Nobody downloaded yet

Extract of sample
Rise in house prices in the UK: A case study approach

Gulfs in property wealth have grown up between the old and the young; the rich and the average; the mortgage-free (a third of households) and the indebted; and between London and most of the regions. And some very serious underlying risks are lurking below the seemingly calm surface.” Ruth Sunderland, 2013 The persistent rise in housing prices in the UK has become one of the most critical issues faced by the country, particularly affecting those belonging to the low-income households. Research indicates that the house prices in the country have more than doubled over the past decade and have gone from 'already high' to even higher. Such situation is unique to, not only UK, but perhaps to the entire developed world since housing price explosions and fluctuations to such extent have rarely been experienced elsewhere. The British house price bubble has exceeded the highly notorious Spanish price bubble, thus indicating the gravity of the issue. In response to the constantly rising house prices, the other related prices such as rent and mortgage prices have also risen simultaneously over the years (Catty, 2010). The constantly increasing house prices in the UK have led to widespread concerns regarding its likely impact on the economy in the long run. It is estimated that in response to such phenomenon, the housing and mortgage market is likely to suffer serious negative consequences. It is estimated by some that the impact of rising housing prices on the economy will result in the country being pushed towards re-experiencing the boom-bust phenomenon of the 1980s and 1990s whereby the sharp rise in housing prices had resulted in a recessionary British economy (Richardson, 2011; Hallett, 1993). This study on ‘Rising prices in the UK’ aims to explain the UK housing market - including an in-depth / comprehensive overview as well as a detailed explanation of the contemporary market and economy, and seek to understand the factors behind the exorbitant price rise as well as the implications of the same. This essay includes an overview of the recent trends and the factors causing price-rise in the UK housing market, the recent evidence regarding housing and mortgage market behaviour in the UK. It also includes relevant case studies to explain the phenomenon and the implications and consequences on the country’s economy. 1.1. Thesis Statement: UK housing market has experienced high volatility over the past couple of decades causing a domino effect, significantly affecting renting, availability of housing, poverty, employment, as well as social structures in the process. The study of factors causing such volatility with the help of an extensive literature review and a case study is likely to help in policy recommendations and stabilizing the market in the long run. 1.2. Research Questions: The following research questions will be addressed and answered through case study: What are the key drivers of housing of housing prices in the UK and how can they be addressed through policy implementation? What is the impact of lack of housing supply on housing market in the UK? How has the housing market and price volatility affected housing reforms? In what manner have the current trends in the UK housing market helped or hindered the policy reforms? 1.3. Research Objectives: To examine the various factors causing volatility in the housing market To understand the implications of such volatility on the economy To assess the changing trends in the UK ...Show more

Summary

Rise in house prices in the UK: A case study approach Content: Ch. # Topic Pg. # 1. Introduction 2 1.1. Thesis statement 3 1.2. Research Questions 3 1.3. Research Objectives 4 2. Literature Review 4 2.1. UK Market: Comprehensive Overview 4 2.2. Contemporary UK Housing Market 10 2.3…
Author : sdaniel
Rise in house prices in the UK: A case study approach essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the dissertation on your topic
"Rise in house prices in the UK: A case study approach"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Risk Management on Solar Thermal vs. solar photovotaic system in the Uk
Even though the use of renewable energy resources has been increasing, there is still a long way for the UK government to reach its goal of generating 30% of its electricity from renewable resources aside from decreasing its carbon dioxide emission by 40% by year 2020.
31 pages (7750 words) Dissertation
The Global Financial Crisis: Impact on Property Markets in the UK
The aim of this study is to investigate the impact of the global financial crisis on the UK property market. This will involve seeking data that will reveal the direct financial impacts of the crisis on the property companies, the impact on property consumers in terms of confidence and patterns, the strategic management adaptations to the crisis and the impacts of such responses.
46 pages (11500 words) Dissertation
Effect of Technology on consumer behavior: A case study of VoIP industry
This paper purports to identify the changes and motivation from the literature review in consumer behaviour of calling customers; analyse a qualitative data collection of why and how consumers switched to VoIP and the marketing strategies of attracting customers; provide a forecast for the VoIP industry and recommendations how to attract customers and build bigger customer database.
67 pages (16750 words) Dissertation
Affects of Interest Rates on Consumption in the UK
Abstract The present scenario in the UK economy with respect to the pattern of consumption in the retail sector has evolved as a matter of concern. Interest rate is an important tool of monetary policy for controlling the unusual movements in the economy.
65 pages (16250 words) Dissertation
The dimension of influencing customers' satisfaction in UK coffee shop: a case study of Eastbourne
Cultural influences changes over time as old patterns gradually give way to the new one. Today, leisure time becomes wider in scope such that the old pattern of spending it in pub houses is slowly changing to home environment and spending time with the family.
22 pages (5500 words) Dissertation
The impact of implementation of IFRS on UK companies. a case study of M&S
IFRS was introduced in 2005 by the European Union and the quoted companies in the UK are required to adopt IFRS in their financial reporting. The discussion covers the level of compliance with IFRS by the companies and the disclosure of the accounting policies as per the IAS and other information in the implementation.
20 pages (5000 words) Dissertation
Looking at the factors which cause significant movement in property prices within the UK and Europe'
The recent increases in property investments and sharp increases in residential value have started to cause interest with links between the housing/property markets against the typical business cycle. The key developments in financing a property have accelerated the market and prices that could be easily read as the downfall of the industry, which then leads on to a domino effect throughout the economy.
42 pages (10500 words) Dissertation
Risk Management on Solar Thermal vs. solar photovotaic system in the Uk
ements 17 Risk Identification 20 Risk Evaluation 21 Quantitative Risk Evaluations 21 Risk - Correlations and Dependencies 22 Risk Control 23 Risk Manageability 23 Risk Control Strategies 24 Conclusions 26 References 28 Appendix I – Historical Trend of Electricity Generated by Renewable Resources in UK 32 Appendix II – CO2 Emission in UK 32 Appendix III – Summary of Cost and Efficiency of Different Solar Photovoltaic Cells 33 Appendix IV – Summary of Advantages and Disadvantages of Solar Thermal and Solar Photovoltaic System 33 Appendix V – Summary of Tariff Level for New Installation of Solar PV System (p/kWh) 34 Appendix VI – Figure of a House Facing South 34 Appendix VII – Pop
21 pages (5250 words) Dissertation
Impact of the Financial Crisis on Barclays Bank : A Case Study
(2009). Barclays Bank PLC Annual Report 2008. [Online]. Available at: http://group.barclays.com/cs/Satellite?blobcol=urldata&blobheader=application%2Fpdf&blobheadername1=Content-Disposition&blobheadername2=MDT-Type&blobheadervalue1=inline%3B+filename%3D2008-Barclays-Bank-PLC-Annual-Report.pdf&blobheadervalue2=abinary%3B+charset%3DUTF-8&blobkey=id&blobtable=MungoBlobs&blobwhere=1231864052351&ssbinary=true.
20 pages (5000 words) Dissertation
With the increasing pressure following the recession, is CEO pay a justifiable way of rewarding CEO's A contrast between the UK
CEO Pay – a justifiable way of rewarding CEOs? ABSTRACT Compensation benefits granted to the chief executive officers (CEOs) have been of great concern to the shareholders and a regular subject of criticism by the press and media. The concerns and criticisms are not without any reason because such compensation and benefits were not granted to the CEOs in the 1970s.
29 pages (7250 words) Dissertation
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Click to create a comment
Contact Us