House prices rise by just 0.5% in a year as London’s buyer’s market ripples out to drag down the South East. UK house prices rose 0.1% between May and June, and were up 0.5% in the year
Downloadable! This paper investigates the stationarity properties and long-run relationship of Taiwans regional house prices from 1993Q1 to 2009Q2. It applies the recent unit-root test of the panel seemingly unrelated regressions augmented Dickey"Fuller (SURADF) test developed by Breuer et al.
In Britain, house prices exhibit a distinct spatial pattern over time, rising first in a cyclical upswing in the south-east and, then, spreading out over the rest of the country. This is known as the ripple effect. Although previous studies have shown that, statistically, the ripple effect is a valid representation of the data, providing convincing economic explanations is less straightforward.
The effect of the exchange rate on business depends on several factors. 1. Elasticity of demand. If there is a depreciation in the value of the Pound, the impact depends on the elasticity of demand. If UK firms are selling goods which are price inelastic, then the fall in their foreign price will only have a relatively small increase in demand.
Three-year tenancies to pile pressure on buy-to-let landlords It is easy to see the potential issues facing a landlord with a rogue tenant, whose tenancy does not expire for more than two years, leaving no other option than to embark on the lengthy and costly Section 8 process. My concern is that giving a new tenant a three year tenancy could be, at best, a gamble.
In this regard, the housing price diffusion or ripple effect across regions has become increasingly im-The effect of the exchange rate on business depends on several factors. 1. elasticity of demand. If there is a depreciation in the value of the Pound, the impact depends on the elasticity of demand. If UK firms are selling goods which are price inelastic, then the fall in their foreign price will only have a relatively small increase in demand.
London hotels have been boosted by the weak pound which has fallen. From January next year, the price of an annual season.
Even in the event of a no-deal Brexit, prices will continue to rise, albeit more slowly, but only if the economy keeps growing. "The longer the uncertainty goes on, the greater the chance that the reverse ripple effect, from house prices falling in London, will graduate into the Midlands and the North," says Lucian Cook, the head of.
ABSTRACT An alternative perspective is provided on the existence of a ripple effect in the UK housing market. In contrast to previous studies, the analysis involves consideration of information on the changes in house prices to which the hypothesis of house price diffusion posited by the ripple effect relates, rather than their