Why is it that having skin in the game, as with a substantial down payment, isn't seen a good idea and a check
on housing price inflation?
This is according to a recent FNB Property Barometer which largely attributes the rise in
national house price inflation during the second quarter of 2016 to the dynamic Western Cape market.
That broad based asset inflation, including critically the intended
recipient house price inflation, led to rising consumption, a pattern well entrenched in the U.S. economy.
People living longer, second marriages, cohabitation, widespread home ownership and
house price inflation mean that families need more help than ever with disputes about wills and home ownership.
The FNB House Price Index revealed a 7.4 % year - on - year national growth for the month of June, which was slightly higher than the 7.2 % rate recorded for May, «extending the recent mild accelerating trend in
average house price inflation to 5 months».
As in Australia, consumption has also been supported by
rapid house price inflation, with prices rising by 16 per cent over the past year and doubling over the past five years.
The Office for National Statistics
said house price inflation in April — at 2 % in a single month — was the highest for almost four years.
The two - level price limit for the Starter Homes - 250,000 outside London and 450,000 inside -
ignores house price inflation in other parts of the country.
My slightly biased (I've just moved to a new rental property) and entirely London - centric empirical evidence suggests that 5 % is quite a low figure
for house price inflation and therefore also rental inflation.
This is certainly a step in the right direction but it remains the case that many people who are not — and would not regard themselves as — particularly wealthy will remain in the tax bracket, and this is chiefly because of
house price inflation since 1986.
But indications are that the impact of region's market power is no longer confined to the Western Cape; it's also become the main driving force behind the national
house price inflation rate, which is starting to show signs of recovery.
According to the recently released The Study, the Pam Golding Property (PGP) group's quarterly research report, which incorporates the Pam Golding Residential Property Index,
house price inflation within South Africa as a whole had slowed to 5.8 percent in 2015.
Geffen says even mild national economic growth, which the Reserve Bank's Monetary Policy Committee currently predicts will be 0 % in 2016, would create more stability in the residential property market beyond the borders of the Western Cape and further
drive house price inflation.
«Toronto's housing industry has been spoiled for over 15 years because of unprecedented population growth, record - setting new home sales,
consistent house price inflation and the steady creation of employment and wealth.
Secondly, and unsurprisingly, we've seen that the Cape Town market continues to grow,
with house price inflation of 9,81 % across the Western Cape.
That broad based asset inflation, including critically the intended
recipient house price inflation, led to rising consumption, a pattern well entrenched in the U.S. economy.
People living longer, second marriages, cohabitation, widespread home ownership and
house price inflation mean that disputes about wills and home ownership are more common.
At the same time when foreign house buyers push prices up, and while these key cities seen above, have
average house price inflation, there are still many affordable markets in the US where locals, USA House Buyers and investors can buy at affordable prices.
According to the Pam Golding Residential Property Index, despite facing a range of economic and political headwinds,
national house price inflation has eased only marginally — slowing from an average of 4.7 % in 2016 to 4.35 % during the year to date.
Hogtown's
house price inflation is expected to stay close to five per cent in the next few months, while the sales - to - listings ratio in Vancouver indicates that inflation could soften in the near future.