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Microeconomics Individual Assignment

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Submitted By yuvoll
Words 1005
Pages 5
HOUSE PRICES IN THE UK
HUANG ANQI

CONTENT:
 Introduction...................................................2
 Method..........................................................3
 Findings.........................................................5
 Results...........................................................6
 Discussion......................................................7
 Conclusion......................................................8
 References.....................................................9

1

Introduction:
Since 2007,The UK housing market entered the most British call the "golden decade" of development in. During this period, prices rise violently is unique not only in the United
Kingdom in the historical development. According to the British "entrepreneurship and investment" report, the world's leading real estate agents research department released the latest in 2014 four quarter report shows that in 2014 the British house prices will reach 7%. The central London area of gold prices are undervalued, the prices still showed a continuing rise trend. Especially with the development of the British domestic economy, the increasing influence of British buyers. Although the following 2013 rising, the price of this area growth will slow. But by the end of 2014,housing prices will be close to 6% rather than the previous forecast of 4%. Indeed, according to the Halifax, the UK's largest mortgage lender, 80% of
Britain's 667 main towns were unaffordable for most people hoping to buy their first home in
2014.

1

Population:
Population is growing faster than before and have high demand. Compared to other countries, Such as, Germany, France and other Western European countries, also Britain's area is small, but in recent years, the birth rate has been extremely high. What is more important is to attracted large

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