1. Rising House Prices
... debts. The average graduate debt is close to £10,000. Teachers and nurses are particularly in danger of being priced out of this market. Anna O'Raw has been a primary school teacher for 3 years and currently earns £19, 000 a year. In the area of London where she lives, a 2 bedroom flat costs more then 250 thousand, and last year, a garage on ... as it cost to build just 2 years ago. The owner of this two-bed caravan admitted that The property market is ludicrous' But what is keeping the house prices so high Well housing may be expensive but borrowing is still cheap. Mortgage rates are...
- Word Count: 659
- Approx Pages: 3
- Grade Level: High School