Global Easy Forex's Forum - 外汇论坛 - منتدى فوركس

General Category => General News => Topic started by: NadiaWits on September 11, 2020, 12:07:55 AM

Title: Hope for some, heartbreak for others as house prices go through the roof
Post by: NadiaWits on September 11, 2020, 12:07:55 AM
Hope for some, heartbreak for others as house prices go through the roof

With pent-up demand and the stamp duty holiday sending the cost of homes soaring, we look at the groups and sectors that stand to gain or lose outUK house prices have hit a record high since the lifting of lockdown, after the fastest monthly growth in property values in August since 2004, fuelled by the release of pent-up demand and the government’s stamp duty cut.Despite Britain plunging into the deepest recession in modern history in the second quarter, estate agents report a surge in interest from those with the financial security to move, and from those whose priorities have been changed by Covid-19. There are, however, winners and losers in this rapidly moving market, as Covid-19 creates a period of boom and bust. Continue reading...

Source: Hope for some, heartbreak for others as house prices go through the roof (https://www.theguardian.com/money/2020/sep/05/hope-and-heartbreak-as-uk-house-prices-go-through-roof)