StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

In England, the share of households who are home-owners has fallen in recent years, putting pressure on the social and private rental sectors. (i)Briefly describe the changes in tenure shares and key housing market indicators over the past few decades (20 - Essay Example

Comments (0) Cite this document
Summary
The housing market has constantly been volatile, and this volatility has become a companion in the United Kingdom economy. The housing market volatility has affected the country’s economic policies at the…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.4% of users find it useful
In England, the share of households who are home-owners has fallen in recent years, putting pressure on the social and private rental sectors. (i)Briefly describe the changes in tenure shares and key housing market indicators over the past few decades (20
Read TextPreview

Extract of sample "In England, the share of households who are home-owners has fallen in recent years, putting pressure on the social and private rental sectors. (i)Briefly describe the changes in tenure shares and key housing market indicators over the past few decades (20"

Download file to see previous pages The housing market in England has persistently experienced boom and bust series in the past few decades. The boom and bust series alter housing choices and increase the risk. They propel mortgage arrears and repossession rates, restrain housing building capacity and augment intergenerational inequality. The housing system has been centered on home ownership. Since 1950s, administrations of all parties have sponsored ownership as the tenure of choice, as well as a lynchpin of an asset owning democratic organization. By the beginning of 1970s, fifty percent of all households owned their own homes. Home ownership exceeded seventy percent at its peak, making home ownership in UK greater among the developed countries. Several factors are responsible for home ownership growth in United Kingdom, among them favorable financial and legal institutions. For instance, the types of tenure facilitate individual ownership of flats more easily than in some countries like Switzerland. The legal system proffer high security levels to lenders, making it easy to take back properties when borrowers have failed to pay, this apparently increases their willingness to lend (Treasury, 2003, pg 29; Benito, 2007, p 324).
Mortgage finances became readily available to low income households to have access to a wide variety of household types and wider property range, following the 1980s deregulation of the mortgage market. The government policies also boosted house ownership as borrowers were allowed to claim for tax reliefs on their mortgage interest payments. However, the tax relief was eliminated in 2000, though money from the sale of owner occupied possessions remains exempted from capital gains taxation. Home ownership type has been attractive resulting from the continuing rise in real house prices. Additionally, there have been substantive shift from public to private housing from government to government through the Right to Buy option introduced in 1980. More than two million ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“In England, the share of households who are home-owners has fallen in Essay”, n.d.)
In England, the share of households who are home-owners has fallen in Essay. Retrieved from https://studentshare.org/miscellaneous/1613223-in-england-the-share-of-households-who-are-home-owners-has-fallen-in-recent-years-putting-pressure-on-the-social-and-private-rental-sectors-ibriefly-describe-the-changes-in-tenure-shares-and-key-housing-market-indicators-over-the-past-few-decades-20
(In England, the Share of Households Who Are Home-Owners Has Fallen in Essay)
In England, the Share of Households Who Are Home-Owners Has Fallen in Essay. https://studentshare.org/miscellaneous/1613223-in-england-the-share-of-households-who-are-home-owners-has-fallen-in-recent-years-putting-pressure-on-the-social-and-private-rental-sectors-ibriefly-describe-the-changes-in-tenure-shares-and-key-housing-market-indicators-over-the-past-few-decades-20.
“In England, the Share of Households Who Are Home-Owners Has Fallen in Essay”, n.d. https://studentshare.org/miscellaneous/1613223-in-england-the-share-of-households-who-are-home-owners-has-fallen-in-recent-years-putting-pressure-on-the-social-and-private-rental-sectors-ibriefly-describe-the-changes-in-tenure-shares-and-key-housing-market-indicators-over-the-past-few-decades-20.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF In England, the share of households who are home-owners has fallen in recent years, putting pressure on the social and private rental sectors. (i)Briefly describe the changes in tenure shares and key housing market indicators over the past few decades (20

Engineering Changes Through Technology Improvement Over The Past 50 Years

...?Topic:  Engineering changes through technology improvement over the past 50 years Introduction Science and technology have greatly affected and influenced the historical course of development and advancement through time. The present and future of human society, the daily lifestyle, factors such communication, transportation, manufacturing and virtually all other activities have been shaped by science and technology and its various fields of scientific engineering. Burkins and Grasso (2009), state that the engineering fraternity and its multitude of professions and dimensions have engineered structures, chemicals, DNA, materials, machinery and so much more that...
17 Pages(4250 words)Thesis

Market Share

...the movie airs. Little Miss Sunshine (2006), Drumline (2002), Casino Royale (2006), Elf (2003), Ocean's Twelve (2004) and Talledega Nights: The Ballad of Ricky Bobby (2006) are some of the movies that received endorsement from the Coca Cola company in recent years. Likewise, the company is known for notoriously placing their TV ads and infomercials during commercial breaks especially when a popular TV show is on the air. This is a marketing strategy specially designed to capture as many viewers as possible. Sources retrieved from the annals indicate that Coca Cola also targets world sports events to advertise their products (Keller 112). Product Differentiation Since...
16 Pages(4000 words)Research Paper

Recent developments in the UK housing market

.... Figure – 4 Numbers of mortgage advances and property transactions Answer 7 Over the last decade it has been observed that there is a significant decline in the number of first time buyers in the UK house property market. The primary reason behind such behaviour or pattern is the increased house prices in UK and lower income generation by the households which is resulting in affordability constraints for the first time buyers who are mainly from the younger generations. The increase in average age of first time buyers is also another major reason behind the fall in first time buyers. The breakdowns in...
11 Pages(2750 words)Essay

Technological developments over the past 30 years

...?TECHNOLOGICAL DEVELOPMENT OVER THE PAST THIRTY YEARS Over the past thirty years technology has developed sharply and has affected people’s lives andhealth in many ways such as learning more about how to organize daily lifestyles. The effects are both positive and negative. This technology is diverse and none exhaustive. This essay will very much talk about medical machines, television and phones to try to highlight how helpful and damaging technology has been over the past thirty years on human health. To begin with, medical machines have made tremendous advancements in uplifting the health of human beings over the past thirty years. According to Zlogar (1996), several of these machines have simplified different complicated forms... ...
6 Pages(1500 words)Essay

Changes in recent years to private health insurance

...Changes in Recent Years to Private Health Insurance Table of Contents I. Introduction ……………………………………………………………….. 3 II. Australian Federal Government’s Position on 1/3 Rebate in Health Insurance …………………………………………………………… 4 III. Arguments that the 1/3 Rebate is Ineffective and Unsuccessful …………... 4 IV. Conclusion ………………………………………………………………… 7 References …………………………………………………………………………. 8 - 10 Introduction Health care insurance is considered as a necessity of modern life. In the absence of health insurance, anyone could be caught in a serious financial problem in times of illness and accident. Depending on the type of health insurance, its purpose is to...
4 Pages(1000 words)Essay

Recent Developments in the UK Housing Market

...Business Environment- Recent Developments in the UK Housing Market Question 6: Why is there a waiting list for affordable housing in the UK? What policies could the government undertake to improve the situation? There are more than two million people in the United Kingdom who struggle to pay their mortgages and rent. This in turn affects the chances of payment. Many home owners are having their houses recuperated; this is because the home owners are not able to keep up and pay their mortgages reimbursements. Another reason for the common waiting list is the fact that...
4 Pages(1000 words)Essay

Market value of shares under/over valued Methods of share valuationCalculation of share value

...MARKET VALUE OF SHARES ANALYSIS Introduction Throughout this analysis, the first question to as is what is JD Whetherspoon plc and The Scottish and Southern Energy plc (SSE) incorporations? The J D Wetherspoon plc is a chain of pub companies in Britain headquartered in Watford in Hertfordshire. The incorporation consists of over 940 outlets after being began in 1979 by Tim Martin. The organization is renowned for affordable prices, extended hours of operation and lack of music. In addition, the organization has also been aggressive in its ability to convert larger eccentric premises into its desired pubs. In most cases, the organization utilizes the open office layout...
4 Pages(1000 words)Essay

Who Are the Owners

...Topic: In relation to the case study provided, what can operators and/or the industry do to appeal to these six market segments? All six market segments hold their own importance and so the operators and industries need to ensure to cater to and motivate them to remain timeshare investors. Fans make up the largest and most potential ownership so it needs to be ensured that the ones looking to downsize their investment are persuaded to stay. For that, the operators should provide them special benefits and should keep innovating their holiday schemes so that Fans do not lose interest or get bored enough to sell their timeshare. Moreover, since Vacationists are the segment which give positive response...
1 Pages(250 words)Case Study

Key Performance Indicators

...Management Table of Contents I. Question 1 1 II. Question 2 2 References 3 I. Question 1 The case in effect is about maximizing both customer service and efficiency in a new restaurant that has both an eating in and a car-takeout ordering system. Choosing the appropriate KPIs is about choosing the right metrics that will yield the greatest efficiency and customer service balance. Efficiency is about deploying the most optimal number of staff, and serving the most number of customers at the least amount of time. while customer service is about being able to deliver on important customer service metrics like order to fulfillment lead times, waiting times between customers,...
2 Pages(500 words)Essay

SEO Changes over the Past Few Years

...SEO makes use of few but critical keywords that bear a huge significance in the content that is availed by a site. Changes made by Google over the Past Few Years Being a company that provides the major search engine. Google has been making changes over the years that are aimed at improving SEO. The changes Google has been making stretch back to the year 2000. These changes have been diverse and targeted varying aspects of SEO. At the start, the changes were tactical; however,...
10 Pages(2500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic In England, the share of households who are home-owners has fallen in recent years, putting pressure on the social and private rental sectors. (i)Briefly describe the changes in tenure shares and key housing market indicators over the past few decades (20 for FREE!

Contact Us