A report published in March 2013 by Savills, the UK Property Agents, highlights the inequalities in the UK housing market. The report states: With a market dominated by high house prices and increasing loan-to-income mortgages, access to equity is key. Unfortunately access to equity is constrained by income and financial wealth inequality and has […]
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UK Most Unequal Country in the West
According to a report in the Independent Newspaper in July, a report issued by the United Nations’ Human Development Programme said that Britain is now the most unequal country in the Western world. The gap between rich and poor is as great as in Nigeria. Detailed statistics also demonstrate that inequality has grown sharply during Conservative rule […]