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A decade of rising house prices is over. The UK economy will feel the pain

Por: CNN Business November 02, 2022

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London CNN Business  —  For years, in Britain has been a one-way bet. Prices have climbed steadily since the global financial crisis, rising in even larger increments after the pandemic began. Fueled by a post-lockdown buying frenzy, the average UK house price hit a record £275,000 ($315,474) , a £27,000 increase on the previous year’s high. People buying houses for the first time benefited from cuts to taxes on their purchases and even... + full article



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