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Housing Market in the UK - Essay Example
There is truly no doubt that the housing market in the UK has slowed considerably, especially since that of recent years in particular; however nonetheless, the fact still remains that prices are almost double their level at the turn of the millennium, and thus, in regards to this, we are some incredibly past their 1989 peak relative to incomes…
There are many issues in regards to the UK housing market that must be taken seriously into consideration when trying to understand the matter as a whole, and so in this paper we will be discussing all of these, as well as any and all other matters that are in relation to this and that prove as being some form of important substance in regards to this issue in general. There are certain issues in particular for example, such as the causes of the housing demand, and the current government's proposals in regards to solving the problem of housing demand, for instance; these are two incredibly critical matters that tie closely in relation to the issue of the housing market in the UK, which is why they will be thoroughly explained and discussed here. In order to truly be able to understand and acknowledge a matter such as this, there is an incredible need for all parts in relation to it in general to be taken just as seriously into consideration as the actual subject itself. This is what will be dissertated in the following.
There are truly so many different issues that must be taken into consideration in regards to the UK housing market however one of the most important and thus one which should indefinitely come first is that of the matter of the shortfall of the housi ...