House prices in the UK are rising above the rate of people's incomes, which could make home ownership unsustainable for many in the future.
In a talk tonight, David Miles, Professor of Financial Economics at Imperial College Business School, will explore the factors that are leading to rising house prices and how the property landscape in the UK might play out over the longer term.
Why are house prices in the UK so high and exceeding the rate of people’s incomes? Can we expect house prices to continue rising in relation to the price of other goods? What does the future hold for people looking to get on the property ladder? Professor Miles answered these questions in an audio interview with Laura Singleton.
Professor Miles’ talk: Real estate and the financial sector in the short and long term, is part of the Imperial Business in the City lecture series. These talks are designed to showcase Imperial’s expertise in tackling big business challenges to industry leaders.
You can read more about Professor Miles' research on house prices in this article on the Business School's IB Knowledge Hub.
Article text (excluding photos or graphics) available under an Attribution-NonCommercial-ShareAlike Creative Commons license.
Photos and graphics subject to third party copyright used with permission or © Imperial College London.
Reporter
Laura Singleton
Communications Division
