Housing affordability: the main drivers
Affordability depends on prices relative to incomes and on the cost of borrowing. Supply is often the decisive long-run factor.
Affordability depends on prices relative to incomes and on the cost of borrowing. Supply is often the decisive long-run factor.
Real estate investment trusts let investors own a share of property portfolios through the stock market.
Well-chosen infrastructure can raise an economy’s productive capacity; poorly chosen projects can waste scarce resources.