In the credit crunch of 2008/9 the rate of home moving plunged to its lowest level ever. In […]
As I mentioned in a previous article, the average house price in Hounslow is 10.9 times the average annual Hounslow salary. This is higher than the last peak of 2008, when the ratio was 8.92. A number of City commentators anticipated that in the ambiguity that trailed the Brexit vote, UK (and hence Hounslow) property prices might drop like a stone…
I recently read a report by the Yorkshire Building Society that 54% of the country has seen wages (salaries) rise faster than property prices in the last 10 years. The report said that in the Midlands and North, salaries had outperformed property prices since 2007, whilst in other parts of the UK, especially in the South, the opposite has happened and property prices have outperformed salaries quite noticeably.
As regular readers of my blog know, I always like to find out what has actually happened locally in Hounslow.
Moving to a bigger home is something Hounslow people with growing young families aspire to. Many people […]
The mind-set and tactics you employ to buy your first Hounslow buy to let property needs to be different to the tactics and methodology of buying a home for yourself to live in.
I was having a lazy Saturday morning, Kids were watching Good dinosaur on TV and I was reading […]
Over 75 percent of Brits aged 65 and above (the baby boomers) are owner-occupiers, the biggest share since records began and a proportional rise of over 48.3% since the early 1980’s. Looking at those Baby Boomers (the current 65+year olds) .. and roll the clock back 36 years (to when they were in their 30’s and 40’s and two thirds (65.6%) of them owned their own home.
What’s happening to the Hounslow Property Market
is a question I am asked repeatedly. Well, would it be a surprise to hear that my own research suggests that there isn’t just one big Hounslow property market – but many small micro-property markets?