Jim Parker
April 27, 2022
PODCAST: https://anchor.fm/fife-properties/episodes/Fife-Homeownership-Rockets-by-7-942-Homes-in-the-Last-5-Years-e1hq57u
- The Fife housing market over the last five years has behaved oddly.
- Fife house prices are 23.6% higher than in 2017, even though during those five years, the British economy had the uncertainty of Brexit and the massive fall in GDP during the pandemic.
- Yet, a less observed trend is that the net number of homeowners in Fife has risen by 7,942 households, a jump of 3.7%.
- Why has growth in homeownership happened, and what does it mean for Fife’s existing homeowners (and landlords)?
(more…)